In response to my initial post regarding the investor presentation and my mention of A. Lekkas and the fact that he still holds all of his shares ....here are some facts....not fiction. Very few if any Companies including Energio, amalgamate holdings even if they are in the same name but held by a different broker. Point in fact, Faldi Ismails Co. appears twice in the top twenty shareholders (Ronfal Sifat) in the most recently published list. When a Directors interests are disclosed however, they are obliged to include all holdings they have a direct interest in ,which in A Lekkas case in his final holding included his 800000 shares held by his Company, Dalext as well. So getting back to the recent investor presentation and the top 5 shareholders listed on page 3 compared to the last published top shareholders listed in March 2012. None of the top five including Athan Lekkas have sold any shares with J and D Roberts Nominees having increased their holding. To state that Athan Lekkas has sold shares is not only misleading but also poorly researched.
EIO Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
