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Soho Resources Corp V.SOH



TSXV:SOH - Post by User

Post by SilverBellson Jan 10, 2012 10:46am
604 Views
Post# 19385934

Question??? Trying to make sense from NR on Nov. 1

Question??? Trying to make sense from NR on Nov. 1

Soho news release on Nov. 18 near the bottom (surprised not in fine print) said it arranged a $300,000 bridge loan financing with the board members. At 10% interest and an additional 20% bonus in shares (great more dilution) because of the outstanding job this board is doing. Well in my books that comes to 30% interest for that loan. Is it any wonder this stocks has no volume and no interest. This board is milking the shareholders

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