There should be another dump at $.001 since they can make a quick 25% profit at that price. Who could have imagined a subscription agreement at $.0008 a few months ago? Will the next one be even lower in a month or so?
You now need over 25 million shares to slip into the top 20. Andrew Doyle only has 55,555,555 now after adding a couple hundred million+ so he has sold at a profit.
There is no mention of the ASOF purchase of the secured notes but the report does say:
"In addition the Company is currently negotiating a major equity subscription in conjunction with and conditional upon the repurchase of existing secured convertible notes. These transactions would be subject to shareholder and note holder approval. The Company is currently in negotiations in relation to these transactions and believes there are reasonable grounds to expect that these transactions will be completed. However, there is no guarantee that these negotiations will be completed on terms acceptable to the Group."
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