RE:LOL!Schiff, it's more likely to be at 2.5 cents. This shows management is not acting in shareholders best interests for sure now but in the interests of a certain minority shareholder. They should step down. If this PP were allowed to go thru they will be diluted by almost 50 percent and at, say, 2.5 - 3 cents. I would say let the regulators deal with these self serving people.
SchiffKnowsBest wrote: So let us see here.
$3.5mm / 3.5 cents = 100,000,000 shares....Meaning complete say on the direction of the company is in the hands of whomever gets the shares.
I am also filing a complaint as you may be allowed to do this in Colombia but I seriously doubt the TSXV and BCSC will accept this as gospel.