Scarpa
The approval is for a FUTURE capital raising, if and when it occurs.
They cannot buy on market at a discount. Thus there has been no announcements.
For those out there that think the 3 Directors are going to buy $250k you will be sadly disappointed. People seriously think they have a lazy $250k sitting around doing nothing. Even on their generous salaries, the tax man puts a significant dent in their cash to spend.
The only possibility is Wenjun may have the cash but I would be pleasantly surprised if he did stump up big time.
Talk about dot joining this is crazy, time after time.
Looking at Scooby's research then Athan has already put in a significant amount of money, more than anyone else if I was him there is no way I would tip in another $250k. I think his wife would shoot him.
Nice digging Scooby but for many it will be a waste of time to see the facts as it will not suit their agenda. Seems their only response now is to call people company insiders. Not hard to see why the quality posts are rapidly disappearing and being replaced by constant vitriol.
Just my thoughts
Regards
Rayda
XPE Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
