GREY:BPWRF - Post by User
Comment by
ganzeron Aug 25, 2009 4:32pm
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Post# 16248559
RE: RE: EXPENSIVE $$ in the till
RE: RE: EXPENSIVE $$ in the tillGee Penny .. lower that dosage .. The Directors don't own the 9 Million shares .. they get to divide three ways the 500,000. . Not much but they are putting their names on the line so no complaints here.
The 9 Million x 3 in the PP went to big hitters like yourself who will finance the company in it's quest for a
blue chip consortium. How they will vote for a new board in the next AGM is up to them .. Wait until the AGM to see if any new names come forward ..it's just not on anyone's radar right now.
Why issue the shares? To raise the $$ to go forward .. nothing more sinister than that.
The $$ from the PP is now in the company till