GAL 3.57% 13.5¢ galileo mining ltd

Ann: Extension of Closing Date - Prospectus, page-70

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  1. 3,400 Posts.
    Jimmy im not going to argue with you- there is no point , i have my view and you have yours , thats your entitlement - yes i agree that there were some anomalies and this has been rectified hence the replacement prospectus. I suspect there was a misunderstanding between the two parties in terms of what was deemed an asset and this is now resolved and they have been forthcoming to tell the market this - END OF STORY
    The company have pointed out many times in the prospectus that there is risk associated with this deal and with "start up companies" yet PW is prepared to put money into this company as are others - whether you see it as dodgy accounting is your deal but be care full as someone legally representing the company could take you and other to task on some of your comments - so be careful as I wouldn't want that for anyone. - there is risk in lots of companies but they all had to start somewhere - IPO same deal !!

    Now regardless of the fact that i have money invested in the company , i am still of the belief that this will all work out for the benefit of the existing shareholders and the partners such as HUMAX/AKAMAI etc ...as i stated before , I'm about moving on from this situation and getting TV2U to contractually produce "binding agreements" with all existing L.O.I' s and then they can use this OTT VOD technology for what t was designed to do - obviously once the CR is complete- and if we fail to raise the required capital I will eat humble pie !

    Schu
    Last edited by Schumacher: 12/12/15
 
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