RE: Errawarra Update1 May 2024 10:49
Sin - Yes eventually i didnt see any escrow agreement in the terms.
Assets get moved around, agreements get made, all paid for with new shares being issued in both companies. Not a bad way to create money in bad times. Sharesholders diluted, Consultants (RS) gets paid a nice sum for advising such schemes.
Simples.
My Anger and frustration in this stock is purely based on the Funding arrangements that RS chooses to Fleece the ignorant and blinded PI. Just a shame people choose to look the other way and focus on the Jam tomorrow Stories.