Backdoor Listing, page-27

backdoor listing = sneaky Private Equity business going to Public Listing at inflated valuation.. $12.5m x .005c .. with Hype + Hope of better returns in future years .. (crap)

the business is probably in distress ..needs a turnaround of Old Business style products (sms) to Apps and will need cash injections for New developments in Apps etc ..

that's why ide sell off my private business ..to a public listing ..

and plan to take the cash on market at 1c = $25m

i think itll be stuck near .005c for a long time ...until we see growth in earnings and margins ..cashflows.. profits .