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12.5¢ soco corporation ltd

SOC will the fighting continue?, page-5

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Humbuggy

595 Posts.

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01/06/16

21:54

Post #: 17928327
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Originally posted by Erg0ph0bia ↑

This isn't about a mining company, it is about standing up to injustice.

For me, this fight started out as an attempt to protect my investment against unnecessary dilution.

Last year, the rights issue shortfall and placement to GTT saw my investment diluted by 140%.

This would not have been necessary if the Directors the Company had fulfilled their duty to shareholders and sold the Company's shares in PMR on market rather than to a related entity.

This would have provided sufficient funds to discharge all debts and fund working capital until the R&D money arrived.

In my campaign to prevent a further unnecessary placement to GTT announced in November 2015, this time of $500k at 0.16c, I got to know many shareholders, all decent hard working people whose only mistake was to place their trust in the Directors to do the right thing and in the system to protect them.

When reviewing the share register I could see whole families. Usually one member with a few more shares than others in their family. I could see that some had recommended this investment to others and had been made to look like a fool. The money they invested now worthless.

It is then I decided to fight for these people I didn't even know and to find out if the system is indeed broken.

To make it crystal clear, I will never give up. I will never quit until I have taken this as far as I possibly can. Even if this means I am financially and emotionally broken.

Some may think this is bad for business, but this is bigger than one stock. This is about the integrity of our share market. A victory here will serve as a message to everyone who thinks they can treat the public like ATMs.

Evil can only prosper when good people do nothing, and I am going to give this all I have got.

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The reality is, the longer you keep the crusade going, the longer this stalemate will last, the sp will remain fairly stagnent and at the same time the directors will still be getting paid, bleeding the company dry.

This is not good.

SOC Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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Last 12.5¢		Change 0.000(0.00%)		Mkt cap ! $17.30M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	100000	11.5¢

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Price($)	Vol.	No.
13.5¢	100000	1

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No.	Vol.	Price($)
1	100000	0.115
2	87271	0.110
2	94800	0.100
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0.135	100000	1
0.170	59840	1
0.000	0	0
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0.000	0	0

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SOC will the fighting continue?, page-5

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SOC will the fighting continue?, page-5

Top Stories

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