Post by
mitch0french on Mar 16, 2017 10:20am
value
Mr Perry, i think also that the Cie is not value correctly ,that is why i would not have sold new shares at .06 as you do. Do you think it will help upgraded the price of the shares.I don't.
If you have cash in the bank , why this new PP at a such low price ,on top of that this is a new dilution and this is not going to upgrade the price share .I don't get it.
Comment by
JRaffles on Mar 16, 2017 11:19am
I don't get it. A logical reason seems to be that the directors wish to expand the company at a rate, suitable to director's interests, not to shareholders interests. It matters little to the directors whether they wait for an opportune time to raise capital for expansion or whether they issue shares at a fraction of the value of the underlying company assets.
Comment by
goldminer01 on Mar 16, 2017 12:18pm
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