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0.8¢ tv2u international limited

Ann: Replacement Prospectus-TV2.AX, page-8

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Mr.Profit

2,473 Posts.

26

01/06/16

14:14

Post #: 17924053
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Originally posted by jeans_sammy ↑

"Issue of Shares in satisfaction of corporate advisory and business development activity fees
• Issue of 75,000,000 Shares based on the last traded Share price at 30 May 2016 of $0.054"

Are you serious ? Which company pays over $4m to corporate advisor. Seems really dodgy. Such fees should be decided before RTO as fixed dollers ($500k-$1m) and should be paid in shares by considering VWAP. Here they handed over shares worth over $4m. For what ???
Share holders, ASIC and ASX should really question the board.

Was any share holders aware of the fees of $4m before or after RTO ? Was it in any prospectus ?

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Ya that's not fair.. .054 damn.. but they may have an explanation @Red bar do you have any idea as you have talked to the management.

Thanks

NP

TV2 Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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