so you want to know who is monoco?, page-18

re: hey tex & lc Hi Mitis ....

I inadvertantly posted my thoughts on the General thread last night, following preparing it on there. It was under the heading: "Wanna buy a "raffle" ticket ???" - I had posted:

Today, BQT have announced it's (mystery) International client, Monoco Limited.

"John Genner, Managing Director of BQT Solutions Limited announced "Our client Monoco Limited has officially released to the market their breakthrough Brand Card Payment technology which will have a major impact on the Credit Payment Cards worldwide".

He also advised today, that:

< BQT announced to the market on the 9th of June 2005 the following:

1. Due to signed confidentiality agreement, BQT could not name its client (now known as Monoco Limited) or its client's Technology until the client released its announcement to the public. Our client has now released its announcement. >

And that: BQT's R&D team has spent over 2 years in working with Monoco Limited on a special component for integration into their technology. The relationship with Monoco Limited is ongoing as the BQT technical team will work on future technology rollout.>

But, on 09/06/2005, John Genner & BQT Solutions Limited announced:

"For the past 2 years BQT's R & D teams in Sydney, Australia and Chennai, India have jointly worked on a special project with an International client. Our client (now known as Monoco Limited) has a world class team of scientists and over a period of 10 years has developed a technology that will bring major benefits to the global Financial Community".

So, Monoco Limited (BQT's International client) has had "a world class team of scientists and over a period of 10 years has developed a technology ..." (Now officially released to the market)

Also, on 09/06/2005 ........."Our client (now known as Monoco Limited) will shortly be releasing to the world media the details of their world breaking technology and its application". (Was announced today).- Yes ....... That BQT's CLIENT has had "a world class team of scientists and over a period of 10 years has developed a technology ..."

From today's announcement: (MONOCO)

< Monoco Ltd has been specifically formed to represent the Consortium Of Designers and Engineers (CODE), the technical resource for the project development of the Transaction System for Brand Cards ... >

So Monoco Ltd, (BQT's International Client) has been specifically formed to represent CODE or, the "world class team of scientists, who over a period of 10 years ,has developed a technology ..."??

When was it formed??? 10 years ago?? - Was that when it was "specifically formed" ???? - BQT's Major client Monoco Ltd, (yes, BQT's International Client) who we are further advised today:

Summary

< The next stage in this major project is the completion of fund raising by our client. (Monoco Ltd). When funding is completed, the Holding Company will be established and will be made up of (A) Our client Monoco Limited as a major share holder and (B) Other Investors. Once the above is completed, our client's global rollout will take place which lead into the payment of 13,600,000 (A$23,500,000) under the terms set out above.>

One illustrious poster has told readers of the BQT board right here, that a figure of ONE BILLION DOLLARS was to be raised, in his opinion. Where in the hell could anyone come up with a $1B figure???

So BQT's Major International client, (Monoco Ltd) are now at "the next stage",simply called, "FundRaising" !!!!

Wanna buy a raffle ticket ????

BQT have now had TWO 'goes" IMHO. They got the "oppies" over the line on the 'build up' to the 9th of June initial, (what one poster has been describing as, an $82,500,000 "deal") announcement and some have, with "hype" ONCE AGAIN, been able to SELL (I imagine) 4,444,444 fully paid ordinary shares (costing just 22.5 cent per share) INTO this, another, "nothing" rally. Just MHO, of course.

Today will be "fun", once again!!!!

Cheers !!

:)
LC