WFL 0.00% 0.3¢ wellfully limited

Ann: New Agreement - Electro-Magnetic Technology, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,127 Posts.
    lightbulb Created with Sketch. 919
    They should have no right to disallow mention of general terms, particularly if its non-exclusive. If Steve has allowed P&G to retain control of even the most basic terms of the agreement then he has done us a huge disservice.

    - What is the duration of the agreement?
    - What are the territories covered?
    - Is this non-exclusive or exclusive. And in either case, what is the compensation?

    You may recall that literally NOBODY on hc asked the duration of the original PDA with P&G. If it had been known at the time that the agreement was only for two years, does anyone think the share price would have risen to 13 cents? If it had been known at the time that the exclusivity across many product categories was given away for free would so many people have bought into OBJ at 8, 9, or 10 cents?

    The lack of clarity here has very real consequences for shareholders. I thought things would be changing with new management, but there is little sign of that in this announcement.
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.