Ann: Intended Proportional Off-Market Takeover Offer, page-24

There should be no negative sentiment toward ACTA; they have been transparent about their intentions. The offer is likely appealing to shareholders who bought in at .003c. ACTA understands that continued market purchases will drive prices up, as we have recently seen. Naturally, they aim to acquire their target stake in the company at the lowest possible cost. The onus is now on the HLX team to act in the best interests of shareholders, making this offer less attractive by taking decisive actions or presenting progress that boosts the share price. This pressure on the HLX team to enhance company value is a positive development, and it is hoped that the ACTA offer has put HLX firmly on the market's radar, attracting others to consider the opportunities HLX may present.