Post by
edrose on May 08, 2021 8:30pm
The writedown of 150 million re ivig was part of their plan
To meet tsx criteria of hardship
they also told tsx on their application they could not raise money also criteria for hardship but soon after takeover they offered retail investors rights offering raising 38 million within weeks then turn around and sell Isle of Man for 50 million retail investors never got that money
Comment by
GoBBs on May 09, 2021 2:18pm
They didn't even blink to reprice the company at basically zero from billions and then offer it back to the wiped out majority shareholders with the smile of a rattle snake. I guess we will see what the courts have to say.
Comment by
GunnerG on May 09, 2021 9:51pm
Wish you well in court. StupsNewcamo, in case you haven't figured it out, AMF is NOT the court system. They would not be involved at all. DUH