so they had funding for $35m , they asked for $5m the response was umm no ...
they then got a funding from cash converters ...but are still short $30m ...but at least they got to appease the recent placement holders (screw) as that was a condition precedent ...
the reason the stock is being sold off is they don't have funding , previous management obviously pissed off a few ??and now they have to start again
SO WHY DID THEY LOSE THE $35M FUNDING ???.. YOU CAN SPECUALTE ALL YOU WANT ON THAT ONE
VEC Price at posting:
1.8¢ Sentiment: Sell Disclosure: Held