AIM Cesspit listed Arian Silver (AGQ) has overdosed on its equity drawdown death spiral. It failed to attract any interest for a share placing a few months ago as I exposed on this website provoking much anger from its dickead of a PR man. And so it has issued convertible debt which is incredibly expensive – this company really is desperate.
It has not yet actually raised the C$15 million it says that it is doing but has signed up a leading Canadian specialist broker and it says it has one punter who will take the whole lot. I will humour the uber Welsh boyos at Arian by saying that the debt issue will go ahead.
See chaps I am a nice guy. So there is no need to complain about this article. Leave the bleating to your girlfriends. Damn,
on Shareprophets | Comments