GC3, you hit the nail on the head, not only did management lose...

GC3, you hit the nail on the head, not only did management lose 1 company making project, they lost 2.

Cabinda licences (Angola) expired about 18 months ago and they have yet to be renewed, Kanzi (DRC) was basically lost to corruption and what appeared to be poorly structured JV agreements. Have been trying to sell these ever since.

The biggest issue was the dilutive captail raisings they have done. Basically, existing shareholders were shafted and hundreds of millions of shares were issued at rock bottom prices. Not to mention the MD was paying himself $400k to watch over the wealth destruction taking place.

Has basically been recapilized by CPS capital and is now a shell (though they are still trying to get the Angolan licences renewed)