Yes, this is the perfect Win-Win, Noggie.
As you observe, "...the guys from 2moro mobile see the value and growth in MVH, having their shares issued at 25c, and escrowed for 3 years."
They know they're hitching their cart to a bolter here!
Meanwhile, Motopia would have had spend in the vicinity of $1m to build the app development team and infrastructure that 2moro brings to the enterprise fully formed and operational.
What's more, I believe the acquisition will pay for itself in only a few years.
As Black Bull notes, this is just the BEST sort of strategic thinking by management.
Yes, this is the perfect Win-Win, Noggie.As you observe, "...the...
Add to My Watchlist
What is My Watchlist?