FTT 0.00% 0.5¢ factor therapeutics limited

Ann: Letter to Shareholders, page-51

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 91 Posts.
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    “If the Requisitioned Resolutions are passed, the representatives of Pura Vida will be in control of the Board; and this will have been achieved through acquiring 40 million shares in Factor, less than a month ago, for the outlay of approximately $100,000.“

    ....so is this correct pls?:

    for $100000, the requisitioners will gain control of the board and access to the approximately $3million of FTT cash reserves?

    $3000000 for $100000?

    surely it doesn’t seem right? especially since the current board are commendably not taking a salary at the moment while they guide FTT through this time.

    justaguess
 
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