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Thread: SeaDragon

  1. #1171
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    Still reliant on major shareholder for funding......

    2022-05-10-SEA-New-Secured-Loan-Agreement.pdf (usx.co.nz)

    Mind you, just spare change after Ziwi sale....

  2. #1172
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    No thread on Unlisted.

    Latest accounts: SeaDragon-Limited-Financial-Statements-2022.pdf (usx.co.nz)

    Remains on life support. Losses about the same as their revenue, $57m in accumulated losses..!!

  3. #1173
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    Another loan......payable in 40 days.....???

    2022-07-25_SEA_New_Secured_Loan_Agreement.pdf (usx.co.nz)

  4. #1174
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    https://www.usx.co.nz/uploads/paperc...pdf?1663819900

    Conversion of loan to shares, based on mid-point of valuation at $0.03 cps.
    Good luck to those who bought in recent trades at $0.048 or even more luck from those on offer at $0.058!!

  5. #1175
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    Quote Originally Posted by Sideshow Bob View Post
    https://www.usx.co.nz/uploads/paperc...pdf?1663819900

    Conversion of loan to shares, based on mid-point of valuation at $0.03 cps.
    Good luck to those who bought in recent trades at $0.048 or even more luck from those on offer at $0.058!!
    How about the s hers who fronted up 15-20 years ago for the dead cert cash issues !!

  6. #1176
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    Quote Originally Posted by whatsup View Post
    How about the s hers who fronted up 15-20 years ago for the dead cert cash issues !!
    Yeah, I'd say they've been diluted out of existence!! But still only in existence because of Mark Stewart.

    Accumulated losses of $57.5m!!

  7. #1177
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    Quote Originally Posted by Sideshow Bob View Post
    Yeah, I'd say they've been diluted out of existence!! But still only in existence because of Mark Stewart.

    Accumulated losses of $57.5m!!
    Not a much as WDT's $105 million and now a new dawn ( name change AOF ) , what difference will that make ?

  8. #1178
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  9. #1179
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    Quote Originally Posted by iceman View Post
    Sheldon 83% owned by Pescado, which is Masthead/Mark Stewart.

    Already owning most of SeaDog, and been propping them up for a long time.....

  10. #1180
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    Quote Originally Posted by Sideshow Bob View Post
    Sheldon 83% owned by Pescado, which is Masthead/Mark Stewart.

    Already owning most of SeaDog, and been propping them up for a long time.....
    Yep and now cleaning up the remaining shares and delisting it

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