Ann: Splitit obtains US$50 million commitment from Motive, page-22

1. Board tells shareholders they are delisting due to lack of liquidity. Result; You can trade your shares on Primary Markets where there is much less liquidity operated by CF1.
2. Chairperson and board are delighted with this funding initiative. Result; That means the gravy train rolls on for them.
3. Shareholders have the opportunity to sell their shares if they don't like the scenario. Result; A rush for the exit.
4. Best available opportunity to create shareholder value and give their reasons. Result; The shareholders would have a better opportunity as a listed entity given the reasons the board outlined.
5. Access to significant growth capital. Result; SPT becomes a small part of the larger entity 'Motive & Friends'.
6. Partnership with top tier financial sponsor. Result; A large cut in staff cost only keeping the chosen few.
7. Splitit is undervalued as a listed company. Result; The market has spoken and SPT will fade off into the memory of most.
8. Greater flexibility as a private company. Result; SPT will no longer exist.
9. Provides optionality for existing shareholders. Result; sell before listing, do nothing or try and trade out via Primary Markets. Poor optionality.
10. US$0.20 is the price they pay to take the company private. Shareholders don't get this price. can I repeat. Shareholders do not get US$0.20.
11. Special Resolution to delist needs 75% of the vote to before it passes. Small shareholders will not be in a great position to do much.
12. Shorters will be buying back their positions today giving those quick enough a buyer.
13. The 250 mil shares being given to Motive will seal shareholders fate.

Watch this Space.