ISN 9.09% 6.0¢ isonea limited

Ann: Appendix 4C - 2nd quarter and Investor updat, page-47

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  1. 8,443 Posts.
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    re: Ann: Appendix 4C - 2nd quarter and Invest... Since the name change and new directors have come on board are few significant things have happened.

    The share price has dropped 50%

    The old management team managed $367,000 revenue in 12 months yet the new managament have some how only managed $4,000 in the last 6 months.

    For some reason managed to run out the inventor and a major shareholder in this company

    AND

    Managed to organise finance and a huge discount to last traded price and then realise it wasnt a good decision and then do a capital raising ontop.

    Doesnt this seem very very strange and send alarm bells ringing??

    Wasnt the fortune 500 company meant to have signed by now??
 
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Currently unlisted public company.

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