AGU 0.00% 1.4¢ aurium resources limited

oh dear, ....oh dear. Maybe its just my paranoia again, but...

  1. 1,263 Posts.
    oh dear, ....oh dear. Maybe its just my paranoia again, but there is something seriously wrong that picture.

    Excuse my ignorance here, but I always thought the idea of seed capital was to raise money for the company that people will be investing in? Y'know, a new company that is struggling to start and/or needs funds to progress, hence people give "The Company (in this case Amitan)" money and in return gains a share of the business.

    ....which begs the question, "Why is Grand Enterprises recieving money for investors purchasing Amitan shares"?

    How does that benefit Amitan in any way?

    I wonder what implications of ownership exist as a result of such a transaction?

    Boy do I have a lot to learn, I am still wondering why there was such a high demand for Amitan shares in the first place...

    Hmmm look at the time, no wonder I can't make sense of things, maybe I should give my over active mind a rest...I am obviously missing something elementry here.
 
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