RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nothing like a national news story to turn the heat upfishtruth, four of the Directors were some of Karnalytes largest shareholders prior to their becoming directors of the corporation, and doubled their shareholdings through the participtation in the Rights Offering.
If I am not mistaken, according to public court docs the expectation for the $2.4 million was to pay for the Nitrogen Bankable Feasibility Study as Wood was already contacted. There was a $50 million partner (AgCo) interested once the project was deemed economical from my recollection of those documents.
All of this information was available in CSG court affidavits filed on a CSG website that has since disappeared, but the prepared folks at krnshareholders.com saved those affidavits as Jan 28, 2021 affidavits available for interested shareholders to review.
https://krnshareholders.com/Submitted-Docs/ Some very informative information is provided in all of these documents