re: Ann: Acquisition, Convertible Note and Bo...
WendyS,
Most shareholders are confused as to what this project is.
More information is a necessity for ALL to make a commercial decision as to how they will vote.
Agree there is no information on PPS except for the company search that I did, of which I posted in a previous post.
Greyhoundtrainer has posted re: Priority One, but they are in the process of an IPO not an RTO or vend in. There are many in this space at present, there are also many that have failed.
Could it be that someone needs the Lemon and Lime IP, last announcement alluded to this. Seems strange though that MOT would be paying $3m for the project (diluting us the longterm shareholders into oblivion). When in fact they should be paying MOT for the privledge to use the L&L IP. This deal does not make any sense what so ever. Our company is being given away for no consideration what so ever.
If our directors are not capable of commercialising L&L then it is about time that the shareholders replace them with people that can. If not put in a new board sell L&L and explore the many excellent projects that are available at present.
IMO DYOR
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