Sales, I disagree with O'Keeffe's reported view.If KML needs...

Sales, I disagree with O'Keeffe's reported view.

If KML needs 100-200K to survive short term, shareholders can put it in at say 5c in an accelerated rights issue.

Then the Teddington lot can present their project in exchange for a reasonable number of shares, and the company can undertake a SPP based on that project.

Which ever way this is being spun, it is a ruse to get control of KML as a shell, and does not for one minute deliver anything but minuscule value retention for minority shareholders.

There is an ASIC avenue open for minority shareholders to attempt to block actions taken by majority shareholders, and if this proceeds as stated it will be an avenue for the smaller shareholders to consider.

As stated prior, I am sure the new directors are attempting to get KML trading ASAP while only the current offer stands, as it WILL decimate the share price.