Yes ... I noted that as well and they only that can be done is if they use the funding noted in item 7.3 "Other (Share Purchase agreement) 5,605"
So is it realistic to assume that they will derive $5.6 million from a "
share purchase agreement"? If not, then ... well it is all too obvious really.
$25,000 left in the bank ... combined with the rather long list of "
Key Agreements and Business Opportunities" in the quarterly report. What a hoot!
Investors deserved far, far better than this - in my opinion.
I reckon the 'fat lady' is tuning up her vocal chords as we speak!
My prediction - Talico will reacquire the IP from TV2 for the nominal amount of $1 (as noted in their agreement) - rebadge the old stinker and commence anew!
