Looks like you've already summarised it for yourself mate lol...
Why waste energy trying to piece it all together when you've already pointed out at least 2 red flags.
Ok, just a brief piece.
Look at the ann of 13 Nov re cessation of oppies.
211k @ $12.25
Current sp - $0.92
Would you figure there might be a bs story behind this in the vein of grossly overpromising and massively underdelivering ?
Btw they also (since then) re-issued a shed-load of new oppies at much reduced values which also look very inflated but the expiries of them go up to 2027.
If it's 'a lot of reading to do' - I suggest you go ahead and 'read a lot' as you're responsible for your own financial wellbeing.
Best wishes, AE
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