Ann: Quarterly Activities & Cashflow Report, page-444

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Dakoda

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26/02/21

14:45

Post #: 51364852
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Originally posted by j_oshd ↑

as mentioned previously, you think it will relist but in reality you have no clue.

Money coming through the doors in now way guarantees the asx will let it trade again. As also mentioned previously I have held shares in companies with guaranteed incoming revenues, in the tens of millions of dollars, the asx doesnt care. It will be delisted if the asx is not satisfied with the running of the company. You could have a 10 million subs - wont mean squat to the ASX......

I think its pretty clear that governance is an issue, obviously thats IMO but all you have to look at are all the corrections, missed reporting, missed reporting dates, an IP sale that beggars belief, directors being sued, a revolving door of staff and board members, auditors who leave after 1 year, every year, money being removed from accounts(jayplus), an insane amount of expenditure on RnD considering all their products are made up of third party applications, multiple deals that have failed that have gone unnanounced. It really is a prime example of how not to do business on the ASX.

This is all IMO but any one can research the above issues, all in ASX announcements.

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I think it will relist based on what I see now - not what has or hasn’t happened in the past. Now the Options are considered not likely to be exercised as they’ll be out of the money - maybe the board can look at the possibility of reissuing them at the EGM (date yet to be announced).

TV2 Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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