bearish
What the Ellison allegations mean for MinRes
SUMMARY
- Neil Chenoweth wrote a detailed investigative piece on Min Res founder Chris Allison and former top executives, alleging a tax evasion scheme using shareholder funds.
- The scheme involved buying machinery with inflated prices from a company named Far East Equipment Holdings in the British Virgin Islands.
- Min Res stock dropped 13% in response to the article, with implications on leadership and governance of the company.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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