Borris… re: post 10255735, fair enough,.
1 – You used the word “suggests” “that….. … with his own money”. Still you do not know for a fact, why else use the word SUGGEST.
The 3Y only tells us that he has a controlling interest in the purchasing entity.
2 – Furneaux Equity Limited, buy definition and by their web site is a public (unlisted) company not a private company.
Fair point about the 2 funds.
Should there be more than one share holder in Furneaux E L then it is not all his money.
3 – So there are no other share holders in Fureaux Equity Limited only Kellet?
How do you know? I could not find out, but then again I didn’t try overly hard.
All this boils down to wether there is more than 1 share holder in Furneaux Equity Limited (if additional holders are family then it is not relevant as they could count as Kellet)
You should note that if I am unsure of something I do not state it as fact I use question marks or “it would seem” or “probably” or “more than likely” or similar words.
I would almost guarantee I know the answers I would get if I contacted Mr. Kellett and started asking questions about Furneaux Equity Limited’s structure.
BTW, Furneaux Management might be a sub. of Furneaux E L ?
Any idea who owns the 20% JV partner Hot Shot Media Ltd Singapore, Odyssey99 said he would do some DD, but you might be able to do it quicker?
Yet again I will say that I think this 3Y is the best announcement in 3-4 months.
C. Note holders converting options is a good thing for ESN because if they did not ESN would more than likely be dead in the water by now.
The possibility that more options will be converted is a good thing for ESN
The possibility of note holders converting more options, should they be selling already converted options is also a good thing for ESN and the note holders.
Believe it or not I appreciate the discussion, thanks.
BTW cahuna, was stating facts.
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