You forgot to mention they incessantly borrow money from multiple related parties and other "friends" at a loan-shark interest rate of, is it 3% PER MONTH?, which if compounded monthly, works out to around 42% annual interest. Just another way they continue to move shareholder wealth to their mates.
Yes BB, the recent raise at 15% below the current share price (0.085 cents) was a shocker, and means their mates can immediately load the 0.1c queue and make a 15% profit when sold, whereas pleb shareholders who sell at 0.1c can only either break even or make a loss. And to allow trading to restart before even announcing a raise had occurred is not only unconscionable, but unethical in my opinion. There must be a lot of shareholders who would not have purchased at 0.1c had they have known sophs were purchasing at 0.085c at more or less the same time. I've never seen such disgusting conduct before from an ASX-listed entity.
This is the sort of horrid conduct that awaits all new holders.
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