ADO 0.00% 2.1¢ anteotech ltd

ALL Payments to Vendors 2 October 17 ?, page-20

  1. 264 Posts.
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    My thoughts are that we should hopefully start moving fwd now that the Diasource vendors (some who are on ADO board and management => conflict of interest) have reduced their payment to 5% of ADO shares. Once partnerships, deals etc did not start to come after the merger and the price started is seemingly terminal decline they would have questioned their choice to take 20% of the payment in ADO shares at 15c. Hard for them to see themselves in the $$ once the price started to decline due to general lack of confidence. So essentially they were taking the sale at a discount. In the negotiations they must have liked the technology on possible future trajectories to agree with the 15c floor.

    Now that they have most in cash the possible 'interference' or shenanigans with liquidity event could stop.

    Thoughts (and hopes) only.
 
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