This is from the prospectus ...
Shares to be issued to Energy Capital Partners Pty Ltd and/or its nominees in "satisfaction of corporate advisory and business development activity fees" following the Company’s re-listing 75,000,000.
How much work do you do to earn $2.25 million (at 3c) ??
Shareholders should ask questions at the AGM re this.
Remember we were going to get options at $0.0001 per Option ... DID NOT HAPPEN.
No future fund raising ... then a turnaround.
Major Australian teleco ... turned out to be OMG or something !!
How many deals do so far .... 4 or 5 but only an app generating income.
Nicks salary for 2016 is $295,833 PLUS a finders fee per deal of $150k (whether profitable or not ).
Office in RIO !!!??? Business class airfares !! How many employees in TV2 ... who has come and gone.
Software patents held by other companies within the group .. not TV2.
Not down ramping ... just the facts.
TOM needs to earn the satisfaction of shareholders.
All shares sold only holding oppies.
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- Ann: Quarterly Activities Report & Appendix 4C-TV2.AX
Ann: Quarterly Activities Report & Appendix 4C-TV2.AX, page-295
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David Keane, Co-Founder & CEO
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