1. this is not ASX query raised. non ASX letter attached but Thd...

1. this is not ASX query raised. non ASX letter attached but Thd gave explanation... after TH
2. when they saw .003 is drying up they initiated TH and price which was crawling up slowly to .004 now slowing down.
3. they did buy back of small parcel.. so now holding capacity of many existing holders are more then the one previously.
4. internal SH is increasing.
5. Celtic capital increasing there SH. other director also increasing there SH
6. not many big parcels sold in last 6 months. there were but not that many hardly 3-4 (over 10 mil). assuming top 20 not changed much.
7. R&D spent in past 6 months was over 500 k(plus 500 k on staff)
8. i think JP or AK have customer for Sweep... just playing with Robyn, Damon to take some other advantage of their contacts or something else... don't know but there is something.
9. JP Director of many boutique IT company.. Joe and DW was appointed as guardian for Migme... very similar and amalgamation of source code could be easy to get new platform.
10. ****there were many talks before to make Thred platform as integrated platform and sell as web service and ready to use tools for AR......... that's in my view attracted JP and new venture with AK likely in Mobile computing arena.
11. AK was director in Buddy IOT company. Thred platform had capabilities to communicate with IOT before (as per initial product information)
12. distributed ledger capabilities.
13. Thd Microsoft plugin
14. JP Major share holder in mobile computing gaming... Thred capabilities in gamification.
15. Robyn and Damon and other marketing firm showing interest in Sweep 2.
16. ex-Facebook contact.

many opportunities there to cash in...

the time Thd gone down was the time when commercialisation was in pipieline. they got Vivid contract worth a mil (750 k) + Titanic + TAFE. on ASX 2018 some other companies having higher MC couldn't make even a mil in 6 months..for Thred they were not even genuinely trying in 2018.. AR definitely have opportunity and I trust BOD can see it they are confusing market and devaluing SP so that they can only take maximum profit.

I convinced my self that I lost money that I invested in Thd only believing in AR and power of 2mil in bank.

IMO