Ann: Notice of General Meeting/Proxy Form, page-4

How else do you buy almost 100m worth of development for a down payment of 150k?

Just think, $100,000,000 of everyday peoples hard earned money has been wasted here on a sales pitch and a website (60 mill in the last 5 years)(5% of the per annum loss was just this guys wage...so this is practically a freebie)....and here they are once again asking for more.

And all this will be converted to a Private Company, managed and owned by the previous founder, and any gain will be distributed in house.
Id like to know how many people at Covata are private equity holders in CocoonData Pty LTd. How about releasing those stats.

To Trent and the Management of Covata, honestly, how do you sleep at night?

Quite comfy one would imagine.