Acquisition Opportunities, page-12

Oh dear - cant work out if people are posting stupid comments on purpose or if its just the way they think.

Does anyone really expect that the current directors will "run" any potential new acquisition in a new industry?

The great think about vending a business into a shell is that it comes with an existing management team who on almost all occasions I can think off have a reasonably good grasp of the business and industry they work in. A new director or two is often added in these situations

Now why would the existing directors allow this to happen? They own 15% of the company so if they can get the market cap at $5m+ by purchasing a decent Ag or Tech project they will be much better off.

"But they will just bleed the current shell dry in salary payments" a couple of people cry out...

Well no again, shareholders reject remuneration reports and if this happens a couple of times, a new board is elected. Plus they are able to justify increases in current payments when the company is in a much better shape than it currently is. Looks like pay cuts are currently in effect till something happens.

So as someone who has just bought in looks to the future - I expect something good to happen and 1c could look cheap in a couple of months time.

Its in everyone's Self Interest (the one thing you can always bank on) to make it happen.