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Of course they need more money, how else will they keeping...

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Surandy70

11,088 Posts.

1849

01/02/19

20:11

Post #: 37305073
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Originally posted by Robert310786: ↑

I have spoken with them and have been told basically what this presentation has said. Licence has taken too long ( though No one else who has applied after them has had there licence approved either, so cannot necessarily blame them.)
The office furniture I can't remember the exact details but it wasn't as full on as it looks.
Apparently they are on half salaries, and the options they are given they can't do anything with until the share price is 5 cents which I did read somewhere, so it is in their best interest to improve share price.
Didn't ask about India.
Yes they need more money so either have to borrow it or do a capital raise, obviously they chose a capital raise.

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Of course they need more money, how else will they keeping paying the family members!

I would love to know what their jobs entails and what their credentials are.

Next will be a share consolidation, got to reduce those soon to be 15 billion shares on issue! Followed by a small shareholder buy back, then another raising.

Edit: the office furniture? The accounts don’t lie.........

Last edited by Surandy70: 01/02/19

AEB Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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