without prejudice, page-53

I think all shareholders should ask him why is Global selling placement stock at a loss, in a rising market and with releases from him of progress on projects.

whether the projects are real or not could be a matter of opinion as he will argue.

and if you ask more than one question he will answer the easiest one and ignore the harder ones.

so best to stick to the facts, which are
Global are selling stock on a weekly basis, this can be easily seen by the top 20 releases by the company, and it shows the selling, and at a loss is determined by the trading price in that period.

So a rising market, refinery progress, drill rig purchase, DMS plants and the rest and Global are selling at a loss,
if it was a profit you could say it was simply a good trade.

But a loss?? well I don't believe they would

the stock has gone downhill since Global have got their hands on this.

I would ask him that one question, why are Global selling at a loss.



Smyth said the last placements were margin calls and explains selling at a loss, not the case now.