mmx litigation and oakajee development, page-5

Releases would never be "offered" unless the other side were just as stupid. What they meant was MMX never took the opportunity or were not dilligent to observe a standard practice.

Issuing 50% more shares with no funds to offset that could quite easily cause enough problems that could see them go under. Issuing that amount of shares with no offset turns MMX into a penny dreadful stock.

If MMX lose, a possibility exists that- If Oakajee is to be built, it may not be by MMX. By that definition, Oakajee also has a question mark over it then. The Board and management will be under immense pressure to resign probably if they lose the next case and the admissions they made already make that a distinct possibility.