Take your point, however it seems you see this as a process aimed to derail Video Ezy. That deal is done & dusted but the VE deal is only one small component of the business plan. This technology of MSO is way bigger than just the local video shop. I wouldn't be too sure about the lack of funds or the insolvency angle, I strongly suspect there are a couple more rabbits to be pulled out of the hat very shortly. But I certainly agree that a commercial settlement is required in the best intersts of both parties & there shareholders. Protracted litigation only eats up scarce capital & executive attention.
As this is the RMA site, I'll direct my comments to them. I wouldn't get too excited about the yo yo like performance of the share price, it appears the real market values the stock around 1.7 - 1.8c given the volume of buy & sell orders. The pattern of very small orders right on the 4pm whistle pushing the price to 2.0 - 2.1c are explained by the constant Directors Interest notices lodged from JK aka Ankara. Obviously this is done to try and 'artifficially' position the price closer to the capital raising price. To do so successfully, he realy needs to buy in large volumes all day every day, otherwise it just looks as what it is.
Personally I hope both companies survive, a corporate collapse is not good for confidence in the sector or wider public acceptance of new methods of home entertainment.
RMA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
