So Lautec, you are saying that the banks were going to foreclose on MAE over $45K???? So the directors put in their $45K to save the company????? What dreamland are you living in?
Would the directors be able to buy shares on market at the moment if they were aware of some information that has not been released yet?
All I know is that every person who participated in the last few capital raisings was getting phone calls left right and center for some more cash in this SPP but then all of a sudden it stopped.. If you said to the girl that called you that you wouldn't participate because PC ahdn't replied to your last phone call, within a few hours PC would call you.... But all of a sudden no more phone calls chasing money, PC and KL now tight lipped (never have been before) and they are simply not interested in more money. I know 2 people that tried to send in their cash after the closure and were rejected.
Stop saying that the directors should participate and then say that they must have been forced to do it.
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