AGM Notice - shares to be issued, page-26

I have no doubt that lawyers that support MA work have a whole bunch of shell companies that they could activate to support MA work. Ryzie hypotheses of Bald Box being a mechanism to pay for MA legal advice is quite possible.

Was cash so tight in Big at the time they were buying intermidia to grow sales, that they used shares, quite possibly. The fact that they used shares to fund $1.8m for the mobile technology part of the tipsly deal would support the view that they were protecting the cash balance.

But why use a shell company rather than just give they lawyers the shares? Perhaps an accountant might offer a view?

Lumpy