I was finally reading through the 10K, a lot of questions arose in my mind, but there is one that I find rather confusing, perhaps someone here understands better than I.
in regards to the purchase of Sunlogics shares:
so, as I understand it, SLMU owns some 11MM shares of PLC, and as payment they are promising them at least 100MM shares of SLMU ($22MM purchasing shares at .20). Who is it that owns whom?
FWIW, I still think his salary is outrageous, and for him to be claiming 400+ for rent on top of that, stinks. IMO
Still don't trust here, but I hope that it comes out well for you that have purchased.
Oh, I would beware of pumpers here, it would appear that there are several shareholders that have a vested interest in the company now, in the way of convertible loans.
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