Capital VC (2324) grants directors share options at 87% discount to net asset value
Company announcement, 13-Feb-2020
220m options equivalent to 8% of the existing shares at $0.025 per share. This is a Chapter 21 investment company in the "Enigma Network". The NAV at 31-Jan was $0.189/share. 27.5m options (1%) go to each of the 2 executive directors, approved by the 3 "independent" directors. We call on the SFC to stop this.
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How one thing leads to another
Webb-site.com, 22-Nov-2017
Starting with an investigation into the banking problems of a digital token exchange, we follow the trail of the people behind a Vanuatu Bank and a series of questionable transactions on London's AIM.
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Bubbles and troubles in Hong Kong
Webb-site.com, 24-Sep-2015
Pour yourself a coffee and digest this long article as we investigate several ongoing abusive "open offers" and placings as well as show you who's been making out in multi-billion-dollar bubbles. We call on regulators and rule-makers to take action.