Envirometal Technologies Inc. (EVLLF)

[the cork]

I was wondering, what's the deal with the public AND private company here ? Those don't usually work out so well - for the public investors anyway.

What's to keep the private company from using the public company to fund exploration/and costly developments, and build out THEIR company, only to go BK when the shares run out, or RS to keep the sharade going?

Not to say that's what is going on here, but what's to say it's not ?

I might write the IR guy if nobody here has a better explanation that works for US.