So we acquire 316K debt which we can't pay and get diluted by 45 million shares. Sounds like ES wants this for some unknown reason. Is there is money coming down the pipe to pay the liabilities of Konnex? The total cost of this deal is nearly 640K at yesterdays close.
Clearly I need to be shown the money and the reasons why we need another property we can't explore. Clearly our CEO believes this as something that needs to take place. However the list of idleness continues to grow on our many other numerous properties.
IMO why is even more dilution again required to pay for this adventure. We have next to little and none of current resources in the kitty.
What must the Konnex shareholders see that we are not privy to.
If there are prospective ventures ahead then that is something that needs to be disclosed to shareholders in a statement or some kind of organizational update.
Still no drilling plan or a way for funding to appear. Why are we not in exploration mode now. We are an exploration Co. lets start exploring. Or at least put together some type of plans to explore what we already have.
Unless there is a master plan in place that BXX shareholders are unaware of I call this very questionable indeed. Barring any forthcoming information I conclude no other outcomes.
Trust is very thin that this is part of a bigger picture and hope the reflection is much clearer going forward.
> .035 cents at open today hardly inspiring to my pocket book.