RE: Honest view of the situation7 Dec 2017 05:56
Thanks for that Quindell
I like this from the results RNS
Approximately £160,000 of certain accrued unpaid director, senior management and consultancy fees and salaries satisfied via the issue of, in aggregate, 12,359,642 new ordinary shares at a price of 1.2976 pence per share in early August 2017 in order to conserve cash reserves within the Company and maximise the funds available for the group's operations
Hopefully they can get JV going, sell some assets or even a takeover on the table