Ann: Commercialisation Milestone, page-303

What intrigues me is why the release of the supposed EV companies?
It’s obvious that Anteo couldn’t release the names…they have NDA in place (to the everlasting frustration of investors and SH.)

So Mr Warwick releases the names. He either did so with the tacit approval of the BOD/CEO or without it.

If he did so without approval I would imagine he’d no longer be on Anteo’s Christmas mailing list. He would also risk serious blowback as other companies would hear about it. His reputation would take a hit.

So we reach the logical conclusion that he released the names with a nod and a wink. The BOD/CEO have “plausible deniability”. No comeback for breach of NDA. The failure of Anteo to issue a denial is rather telling, IMO.

Why would they allow him to release the names? The obvious outcome would be an appreciation of the SP, which we are now seeing. Why would that be a desirable outcome?

Well, from Far East Capital’s POV, they might be looking to sell at a profit rather than hold for years and years.
From Anteo’s POV maybe they are planning on a CR. They know damn well what sort of a reception that would get sub 5 cents!! Obviously it would be better to raise at, say, 10 cents rather than 3.5 cents.

My only other comment is that I’m glad I’m not the contact point for enquiries at either of those companies. Can you imagine the volume of calls and emails they’d be getting from ADO SHs?!? LOL