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SGC Moon Talk, page-31

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Gharp

3,971 Posts.

661

12/02/21

08:47

Post #: 50919199
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Originally posted by Drjosef: ↑

As stated I fully agree with RAF and three cheers to him for highlighting the truth......can someone work out how many shares were on issued when all those CN were issued? And effectively what percentage of the company got sold of under the terms of the notes for a pathetic amount of 1 cents a share for what size loan? Please note these notes could of been paid out but management did not want to protect the share holder.... the CN holder is a parasite and shafted us all.... any investor who can’t see that? These notes were offered during the pandemic was rife and market had been smashed. Bad decision and bad timiming and bad out come on some useless work over! let’s hope we see the resource estimate today!The harsh reality is the parasite got a massive percentage of the company for 1 cent.

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I'm not sure what the issue with the convertible note is by very nature the investors at the time took a gamble with this unsecured loan/note. They could have lost it all as well ? Anyone could have bought on market at the time of the pandemic for 1c a share. The company needed the cash and If they had to do a capital raise at the time they may have had to issue at 0.7 or 0.8c as share diluting even more

SGC Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $3.898M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$620	123.9K

Buyers (Bids)

No.	Vol.	Price($)
3	2035644	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	5547961	7

View Market Depth

No.	Vol.	Price($)
3	2035644	0.005
10	10279524	0.004
9	4083331	0.003
3	8850000	0.002
2	10500500	0.001

Price($)	Vol.	No.
0.006	5547961	7
0.007	1570191	3
0.008	900000	1
0.009	2483399	3
0.010	1066562	2

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