And you do realize that Archean got a pretty sweet deal for their "investment", don't you? And similar to Jindal, realize that they get something like 20% off all the diluted shares that will likely be pumped going forward.
The whole structuring of that Archean "deal" had me suspicious from the very beginning. I still haven't quite put my finger on it but what should have tipped everyone off to begin with was the language in the agreement that explicitly stated something to the effect that AGPL would invest 2 million into the company with repayment contingent of shareholder approval to the A/S. That's just plain not feasible. It's almost like you or I going into our bank and applying for a 100K loan with a caveat in the contract something to the effect of "Repayment contingent on whether I can afford to pay you back" LOL. It's amazing what some folks will fall for.
Adding insult to injury, when CCTC investors approved the requested 375 million share increase of which nearly a third of the requested shares were earmarked for bonuses and compensation, Robin and Co. felt it prudent to give themselves raises and multi-million share bonuses.
JMHO
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