...and true to form, the scumbag at the centre of it all is already ripping people off. Today's news that Liberty wants to raise $1.5m by selling 1,500,000 shares at a Loonie apiece...
TORONTO, ONTARIO--(Marketwired - Mar 1, 2017) - Liberty Silver Corp. ("Liberty" or the "Company") announces a proposed private placement consisting of up to 1,500,000 shares of common stock (each a "Share") at a price of CAD$1.00 per Share for aggregate gross proceeds of up to CAD$1,500,000, subject to necessary board and regulatory approvals. Proceeds of the Proposed Private Placement will be used for general working capital purposes.
- On November 30th 2016 Bobby Genovese lent the company U$1.4m
- He charged the company a crazy interest rate.
- In no time at all the debt went to U$1,686m.
- Then six weeks ago he swapped that debt for 8,990,986 shares.