GPP 0.00% 0.1¢ greenpower energy limited

And you might also know cad also had a "great strategic" license...

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  1. 624 Posts.
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    And you might also know cad also had a "great strategic" license in Nevada. And you might also be aware why they failed?

    Mate the shares are issued at .6c not 6c. And you call management proactive?

    When they raised capital for Morabisi the first time, they had stated in the ann that they are fully funded for "all stages of Morabisi". Had it been the case I would have agreed.

    Had they been proactive they would have averted this raise and done the required raise in one go.

    Had they been proactive they would have informed the market they had made a mistake in the bio-stimulant and what steps will be taken to rectify the mistake.

    And if you go in detail of the anns you will find many other instances.

    IMO they are not proactive and for them to be reactive they need a catalyst in the form of "lack of funds to pay salary"
 
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