Ref your 10:34 post requesting facts from other posters, please could you back up with facts, so evidence I suppose, your comment below:
"of course magna are selling the stock".
Many thanks - look forward to hearing whether or not this is just your opinion or whether or not it is a fact. I am sure you're not a hypocrite so can't wait to see the evidence which I am sure you will post shortly.
"They just need converting" - yes and it will cost them nothing to convert! If it were that simple it would have been done a very long time ago. Fine about the error on KM's stock, but not fine about Magna. Of course Magna are selling the stock. It's a convertible LOAN. It wasn't participation in a placement. If Magna wanted the stock they would have bought it at 0.195p, that huge discount. But Magna clearly don't want the stock. There is just no way Magna own 45k of stock. I'd be amazed if they hold any.
Doesn't seem you have kept up. The water wells just need converting. They already have the wells. So not that much cost. Plus they are actually producing in profit plus the fact that they aren't posting Jim so lets say 30'000 ish per month. Let alone the other expenses he used to rack up.
That was an error which I held my hands up for straight away. Also there is something called common decency. Just like governors of schools aren't paid but they fight for the best interests of it. KM is our governor send will do right by us.
Have you seen the shares sold into market before or after transaction?
They have 45k worth now......no.....there's your answer.
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