ESN 0.00% 1.6¢ entellect limited

re: Ann: KNeoWORLD wins awards from The Toy M... Sorry...

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    re: Ann: KNeoWORLD wins awards from The Toy M... Sorry Odyssey99, I must have got it wrong.

    Straight from the last 3b, Note the word “free”
    (I can supply a link to it if you like)

    "6 Purpose of the issue
    (If issued as consideration for
    the acquisition of assets, clearly
    identify those assets)
    100,000,000 shares issued upon the exercise of
    100,000,000 options. The options were issued
    as free attaching options to a holder of
    convertible notes to incentivise the note holder."

    They are free, according to ESN and cost .001c each to convert.
    In Dec-2013 $200,000.00 worth were converted, refer to 3b's
    It is possible these could have been sold anywhere between .002c and .006c
    Although, if all were sold it would more than likely be in the .002-.004c range.

    Quite a few posters considered that note holders could have been selling in Dec/Jan/Feb, I think “dumping” was the word used.

    Btw Borris, apologies, was not meant to be a flame etc.
 
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