Traded this one in the past and was thinking of getting some at 0.1 cent for a shell play. But glad I didn't.
I thought with that Johua guy as other director they might be looking to backdoor that renewable energy stuff he is connected with - but nope....
Presume to get this placement/ SPP filled they have anticipation of some decent results as otherwise game over. Or they will hold off releasing results till placement / SPP out of the way as carrot for participation (hard to see this as much of a carrot with that level of dilution).
Certainly no interest for me at this point.....Pat Volpe is not someone I rate with his track record around specs over the last 10 years and this one looks like going same way a few others been involved in.