Originally posted by seuss
Massive dilution is 100 certain who ever is on the board. If there is a new board it will be no different! You will need a project plus lots of cash you already asked here for donations for your legal team which was really the pot calling the kettle black when you put the current board down so much. Asking for money was extremely low by any standard.
More shares on issue and a consolidation to 20 cents is about 100% certain.
Honestly i think the best option for shareholders is administration. the current board will most certainly fail again anway. Write off your losses properly. I dont see it been relisted if there is a change
There are many ways that a project could become viable for the company and there are projects with cash and most importantly cash flow positive from day one.
Agree wholeheartedly that anything to do with the current board and their associates will fail dismally and a large % of the current shareholdings will be wiped histroy tells the story.
With a new BOD and a through investigation into the company the dilution may not be as major as you elude to.
IMO DYOR
