Ann: Appointment of voluntary administrator , page-70

Joe, Nathan: my view is towards recapitalisation not takeover.

looking at intermoco at face value, it really does not require that much financing. I know there was a lot of interest with all the chatter I was hearing when the spp raising was occurring.

the whole purpose of recent spp was a 'final raising' that would see cashflow positive in the coming mths. that was the intention from my discussions with john evans at the time.

but a lot of ppl to my dismay held on to their wallets at that time.

there is still time. and I don't think it matters what copulos opinion may or may not be on takeovers etc.

if other investors look into this with administrator, and an injection of finance from other quarters arrives, then any opinion copulos may or may not have about takeovers becomes irrelevant right?

IMHO, if some parties can work together to raise circa 1mill. then we back in business.

ive spoken to several ppl about sales and revenue at intermoco. including staffers. all are very positive and passionate about the short term future. they just have a gap that need to be filled.

I completely comprehend many pples negative views on this business given all our past tortures here. but face value is face value? its definitely worth a phonecall to further investigate potential.


I would advise ppl like joewolf and other readers,to contact board members and administrator. I agree with the process of risk assessment. I wouldn't make such risks of investing at this point without due diligence and a lot of direct truth hunting. the information is there to be found.

The administrator isn't going to call ppl like a salesguy would. but he is there to field enquiries. I would urge joewolf and others to make enquiry to board members such as kiril and the administrator direct.

a phonecall costs a couple of buks. not much of a risk to explore.