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Guyana Goldstrike Inc V.GYA

Guyana Goldstrike Inc. is a Canadian exploration company focused on acquiring, exploring and developing mineral resource properties. The Company does not have any revenue from its operations.


TSXV:GYA - Post by User

Comment by HST1966on Sep 15, 2020 8:24pm
84 Views
Post# 31564785

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What now?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What now?They cut a deal to reprice warrants and debt terms to a single creditor, likley the fellow who used to be a 10% holder, that filed an Early Warning a while back when he sold a bunch of shares that brought him under the 10% reporting limit.  Those newly priced warrants were above the market price of the stock  Then they announced the rollback.  Post roll those warrants will be in the money.  So we can assume the creditor knew, which means management knew this rollback was coming, and for a while probably. With this is CEO is just slippery all the time.  And he's paying himself 20gs a month for this ineptitude.  What a racket.
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