TIH 0.00% 0.0¢ tillegrah limited

Ann: Response to ASX Query, page-11

  1. 3,013 Posts.
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    There is another company that have had a similar run of bad luck to LWP..it was a bit of train wreck as well with a promising technology. They have at least tried to do the right thing for the shareholders by looking for income sources away from the shareholder base, which they have secured, and have reduced the mgt fees down to $30K per year, with some of the Directors volunteering until they get their technology proven and bug free. They are also in the .001 to .002 range and have been for a good 12 months.

    It is a bottom drawer stock as this point in time but at least people have actually seen their technology.

    The point I am making here is that there needs to be a lot (quantum amt) given back from management to ever see this stock trusted again by shareholders. Most importantly, the overhanging question of "real" technology also needs to be addressed beyond patents and weighted/biased lab reports.

    Probably top drawer in case you need to get your hands on it quickly for legal reasons. IMO....
 
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