See the extract from the financials above. They've already flagged other acquisitions, so the prospectus isn't rubbish
They've simply raised $3.6M to recapitalise and the asset they are relisting with is Agenda. They have flagged other acquisitions and set aside costs to pursue, so don't be surprised to see a real tech asset come in
As I said, there is nothing wrong with what they have done. They needed an asset to relist and become tech and at only $50K outlay Agenda is a smart fit, it expedited the process and costs nothing and gets them through Ch1&2
The real hint should be that Otsana with a tech shell is able to bring in $3.6M of backing. I assure you they didn't raise that cash spruiking Agenda, so there is something lined up
Plus, it will be the cheapest tech shell out there
Only punters having a whinge are previous holders who were calling for class actions rather than a capital return of any amount and can't seem to understand their company has effectively been sold, so the past is the past
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
