why not do an EGM, get approval for a massive rights issue 1-1 to raise the coin.
administrators work for the creditors, and i dont think they care to look under every stone.
If this goes into vapor, without allowing shareholders the opportunity to keep afloat, is just pitiful.
i have seen other companies go under, because of less significant debt, and the administrators while open to expressions of interest, seem to ignore the obvious shareholder CR as a source. One company was even doing a SPP, during which this occurred, and rather than use those funds, sent them back to applicants.
i dont hold, was lucky to have needed the profits on the oppies dump elsewhere.
we wondered why someone dumped so many ops for .001 ?
Its all a terrible business where shareholders are the last to know, or be treated with transparency and respect.
I say, my mantra. The market is made of liars , cheats, and thieves, stage shows, smoke and mirrors, and snake oil salesmen. Treat everything with suspicion, and always take profits.
STL Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held