All the companies in this group havea stench about them.Why...

All the companies in this group have
a stench about them.

Why raise $2.5m and then issue $1.25m of shares
to provide future financing.

First it was truestone to provide $10m
and now
jc long term value fund.

Google JC and only thing that comes up is AEX/MDA/EDM
Who are JC.

AKW selling gas assets to aex and mda is a joke imo.

Does anyone audit these companies that the cash is actually
coming in.
As long as the conversion money matches the expenditure
do we really know anything else.

I just don't know how ASX allowed MDA to release
the same quarterly cashflow twice is beyond belief.
Just IMO.

Tried to get answers from company but no one ever in.

Probably consolidated otherwise MDA would have gone to the
same sp as aex or edm.Nearly there as is.