no doubt it is rife but that is the most blatant example I have ever seen.
$300k loan with $120k fixed interest repaid with $325k + 17 mil shares deemed as $306k (1.8c but really 0.55c) to someone who has only been removed as a director in thethe 6 months before the loan was created.
Absolute slap in the face to holders by management after everything else dodgy that’s happened as well.
I don’t think even the biggest fanboy can put a spin on that.
VEC Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held