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The conversion price has dropped by an average of 25% with each issue. If this trend continues the last batch will be converted at 0.77p for 26m shares.
In total, another 90m shares will be issued at an average of 2.14p.
This assumes the price doesn't collapse completely when nothing is delivered this month.
"Dear The Financial Conduct Authority,
It was reported in Dec 2015 that Mr David Lenigas left the boards of all of his AIM companies.
Has Mr Lenigas been/is he being investigated by the FCA or any other UK financial authorities under the FCA's oversight, or has he been served a prohibition order?
Yours faithfully,
Raymond"
https://www.whatdotheyknow.com/request/fca_investigationprohibition_ord
Sadly Raymond didn't receive an answer, as it was deemed to be personal information. I think it's clear that DL is driving this from the back seat though.
A CEO would not re-tweet false/misleading information.
Is a direct tweet OK though? Why did WSBN delete their 'gold' core tweet?
https://twitter.com/Share_Talk/status/1583441518655774720
Imagine posting this chart and thinking it looks good:
https://twitter.com/ward_w26954856/status/1630490532773261313