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Ann: Update on SSA and gridComm, page-19

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vmp

13,160 Posts.

8907

24/01/17

20:30

Post #: 22115456
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Originally posted by vmp ↑

I will send an email as well.
The problem I see here is that we don't really have a bod, AB is the bod. If we had a proper bod, we can just replace or removed a member. Anyway, I'll send a concise email stating that as a concerned shareholder, it is in the best interest of gridcomm to negotiate a fairer deal that does not give onerous terms to Odin management at the expense of others including retail holders who provided support in the previous capital raisings. This has created very negative sentiment and has in one way or another affected the interest of SI investors at a time when investors have more options. The rewards will come in due time if this deal can be progressed in a way that the terms are altered significantly to attract funding. In addition, the present Odin management should be replaced within 30 days from re-listing to give gridcomm a new look and fresh start maximising the chance for success rather than be saddled by the less impressive RTO.

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I've sent my email. If more can email, they might be prompted to make changes. There is no point holding on to their dreams if it's too unrealistic.

I've mentioned that it also helps if they'd keep the market informed about any t reaction they're gaining to stimulate interest.

ODN Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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