Having spoken to Alex I am not convinced this will go through but still think it has a chance..
They are still going through the share sale agreement changes and trying to come to an agreement.. gridcomm have trials in 14 countries but no PO's he says so he cannot comment to market on anything...
He advised it is tough and the market is not good in this sector... Investors want to see more..which is obvious with all the bs that has gone on...
he said he wants a return for investors and hasn't been paid in a long time either.. so he has skin in the game but his skin is a failed oil company which was going under anyways...
50/50 terms are agreed upon...
- Forums
- ASX - By Stock
- ODN
- Ann: Update on SSA and gridComm
Ann: Update on SSA and gridComm, page-86
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online