re: Ann: Appendix 4C - 2nd quarter and Invest... Since the name change and new directors have come on board are few significant things have happened.
The share price has dropped 50%
The old management team managed $367,000 revenue in 12 months yet the new managament have some how only managed $4,000 in the last 6 months.
For some reason managed to run out the inventor and a major shareholder in this company
AND
Managed to organise finance and a huge discount to last traded price and then realise it wasnt a good decision and then do a capital raising ontop.
Doesnt this seem very very strange and send alarm bells ringing??
Wasnt the fortune 500 company meant to have signed by now??
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- Ann: Appendix 4C - 2nd quarter and Investor updat
Ann: Appendix 4C - 2nd quarter and Investor updat, page-47
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