Corporate Further to the recent equity placement announcements...

Corporate

Further to the recent equity placement announcements made on 10 November 2015 of $600,000 and 20 November 2015 of $1,400,000, the company confirms that all shares due to be issued as part of the consideration for the recent placements will not be quoted until after completion of forthcoming prospectus in relation to the acquisition of Xped Holdings Limited. The restrictions imposed on the shares again highlights the Company’s direction of attracting key strategic investors.

This is massive news IMO. Remember we were speculating early that the Strategic Tech Investor involved in the first CR dumped shares on market driving the price up??? Obviously that's not the case because the shares haven't been issued yet. In other words, someone else was buying up big time.