This is a VERY interesting announcement re resignation of alternative Director Bryan Yap.
In part it reads "...Mr Yap resigned in view of a potential conflict of interest with Newsat arising out of his interest as a Director of a Singapore company which proposes to negotiate a business transaction with NewSat...."
Whatever the "business transaction" is it will be hard to keep it under wraps for long now.
Hopefully it is in Newsats best interests [I am sure it will be so for Bryan Yap] and that it does not incur further dilution.
Interesting times ahead.
NWT Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held