DEATH SPIRAL17 May 2024 15:52
228,215,768 shares issued to pay of just £55,000? And guess what? It just got £0.37 million to pay back, great. Only 1,141,078,840 shares to issue then.
The most funny thing in all of this and the death spiral is that RiverFort Global Opportunities PCC Limited and YA II PN Ltd are not supposed to short, you can guarantee somehow they money from the collapse. They have to. Every company in a death spiral seem to have them as investors. This is something they specialise in.
And the company continues to get money or pay off loans with shares, thus diluting everyone to death. No one can make money in this company. ADMINISTRATION BEKONS. History of share issues and failure.