0.02755 Mar 2018 12:36
New low SP for TSTR.
Sorry to say but since the OO this has become a massive loss for me. Had not got the 12% entitlement, and got the full OO subscription I aimed for, I could have sold up above break even and washed my hands of this. Unfortunately stuck now waiting for a SP of 0.06 to get out loss free. In for a very long wait, if it ever does happen. Unfortunately I just don't like the sound of today RNS.
"Karen O'Mahony, non-executive director, as Acting CEO and CFO to oversee the transition of the Company"
Transition to what?
Karen: "Her firm, PE Advisors Ltd, advised Odey Asset Management ("Odey AM") on the debt for equity swap that led to Odey AM taking a majority equity stake in Tri-Star Resources Ltd in 2017"
So she instigated the OO?
" Karen is also non-executive director of Strategic & Precious Metals Processing LLC (SPMP), which is 40% owned by Tri-Star"
What a tangled knot. Karen is now CEO and CFO of TSTR, and non-exe director of SPMP, which TSTR own 40% of, but she also owns a firm that advised Odey to take a majority in TSTR. Sorry, this stinks of a shell company knot scam. Just what the F is going on here?
March 2017 the SP was near 0.2, a year later 0.02. Well done Karen. Thanks for that.
I want out of this ASAP, come on MM's walk it up to 0.06 so I can be free of this Aim scam.