APG 0.00% 0.3¢ austpac resources nl

Ouch!!, page-9

  1. 1,505 Posts.
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    lol sasa but on a serious note
    the only way this coy can get out of a mess is
    1..appoint a project manager who can set time dates and costs
    2 issue 1 billion shares at .3c paid to .1c that would produce 1million and get the plant to a certain stage estimated by the project manager then he can call for a further .1c to be paid to complete the plant and get it into production
    3.once the plant is into production and making money he can call for a further .1c to do what he deems necessary to boost production and make more money
    that would stop excects getting their grubby little hands on contributions made by shareholders
    4 shares should be issued to shareholders equal to their current holding
    but if not taken up
    offered to all current holders to take furthur advantage of the offer
    by that time imho sp would be about 2-3c and a nice profit for s/holders

    oh i hear some cry further dilution
    so?
    what is new????
    dilution is better than extinction
    cheers to all my mates nb1
 
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Currently unlisted public company.

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