The next steps in my opinion will be: 1.Sale of patents 2.SBN announces a takeover bid for some unlisted private company which Pattersons have already identified for listing. 3.Performance fees to Greenday Corporate for facilitating the transaction 4.SBN shareholders suffer more share dilution. 5.Reverse takeover of SBN sees SBN code disappear and takeover target becomes ASX listed. 6.Current SBN shareholders become shareholders in new listed company.Any comments?
SBN Price at posting:
0.2¢ Sentiment: None Disclosure: Held