I got involved because a large company "Monadelphous" were...

I got involved because a large company "Monadelphous" were involved and assumed that this would give ANQ some substance apparently I was wrong . I wonder who will be the final beneficiary of this technology ??

"Monadelphous will retain its rights to the balance of the loan (being all amounts owing from AnaeCo in excess of $11.5 million) and, subject to approval by AnaeCo’s shareholders, will convert the remaining balance into equity of AnaeCo. It is expected that Monadelphous will hold 30% of AnaeCo’s issued share capital upon conversion. The debt purchased by XEPTC will convert into equity of AnaeCo, subject to approval of AnaeCo’s shareholders which will be sought at the same meeting."