Uggg. Another terribly written press release that leaves more questions. What does MXM mean? Who is paying the $10 Million and when is it due?
I think this stock has great value, but I am starting to agree that King has to go. I still would like to understand ownership. If currently WITS owns 75% and Lawyers 25%, where is the 40% coming from to buy Jianshan?
Goldenboot, how would that work? CMGR would be up for the IPO to basically buy out all shareholders (WITS, AZH&T, Lawyers). WITS would get cash I presume for their ownwership stake and then be completely autonomous from CMGR and the mines? Then the question is what does WITS do with the cash? Give it shareholders through a dividend or invest in other mines?
I wanna get paid!
I was hoping for the 9:27 am release, but apparently any update isn't available today since it wasn't released. Is that much really going to change from today to Monday?
Watch me go crazy when another milestone is missed when they don't report Monday..