To all shareholders:
The following issues relevant to our company need to be addressed
1. There are 9m shares issued at .08c for capital raising (refer AGM 2008 res 4)1.2m were paid for in April 2009 leaving 7,750m available. Why were the convertable notes issued with .02c conversion in April 09 diluting the value from.08c and leaving 7,750m shares at .08c still available. Who holds these shares.
2. The only contact for MVH available is a mobile number and an email address for V Leone. Is he the only employee and if so why have MVH leased a property for approx $50,000
3. Why are not the phone numbers for the Exec Chairman and Comp sec available.
4. Why have MVH only sold $11,000 of goods from June 09 to Sept 09 when previous quarters showed average sales of in excess of $300,000 Is it because VL shut down all sales as he did in RP. There are sales of simulators available at good net profit to MVH yet the company cannot produce simulators as no one on the staff can make them.
5. Why haven't new intended agreements beneficial to all shareholders been publicised. Is it because it is not in the interests of the CEO to let us know.
More coming.
Cheers
Silver
0403402350
IMO DYOR
To all shareholders:The following issues relevant to our company...
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