Post by
shneps on Sep 18, 2020 3:19pm
Private Placement
Nice 5:1 rollback to 11.7 million shares and then issue a discounted PP at $0.13 for more than 100% dilution.
That is the kind of CEO you want handling your money.
Congratulations Peter you have have officially been declared a bottom feeder.
So much for the Metalstream forward purchase agreement.
Wonder if Metalstream is removing that from their balance sheet? Obviously not prepared to make any announcements until, oh maybe December 30th?
Another highly vetted partner by Metalstream.
Comment by
ggrellette on Sep 18, 2020 4:39pm
I voted him out but many did not.
Comment by
HST1966 on Sep 18, 2020 5:38pm
Be interested to see who actually puts money into a company with his track record and NO project and branded as a Guyana company. Kind of limited eh? How does one pitch that? Maybe a name change? SO many other good deals with less problematic CEOs. Anybody investing in this guy needs to have their head examined.
Comment by
Juniorobserver on Sep 18, 2020 10:28pm
The only group I can see putting 2.0 into GYA is MS to try and gain some credibility and extend thier time to come up with larger funding.
Comment by
HST1966 on Sep 19, 2020 1:29pm
If credibility is what MS is after, maybe, perhaps, GYA isn't exactly the place to find it.
Comment by
Juniorobserver on Sep 19, 2020 6:06pm
Well the financing looks like a PB special...... "up to 2.0 million". That could mean 20,000 or 1 months salary for himself. And likely does.
Comment by
Juniorobserver on Sep 18, 2020 10:16pm
Typical life of a scam junior........no dilution as long as your finance pool is hanging in, but once they tune you out, you simple dilute and create as fast as possible until they throw you out.