Backdoor Listing

Ran the ruler over this and it doesn't look good.

Looks like the business is going backwards quickly with the accountants stating two years in a row that it may not be able to continue as a going concern without new investment.

Vendors seem to want a swag of shares and performance options.

Should they manage to get the min of $3.8 million needed to list, by the time all the costs are paid and loans to related entities covered, leases etc, there will be very little money to do anything.

Even if they get the $6 million hoped for at the current rate they are burning through cash, it won't last long

They have failed to adequately explain the significant drop in revenue for Schrole between 2015 and 2016.

Finally, the App reviews on android and the apple store do not paint a very good picture.

As a shareholder of AQU I would vote no to the resolutions and hope for a better deal with another backdoor wannabe.

Should the Shrole takeover get approval and your checking here to see if it's worth investing, I would seriously recommend deploying your capital elsewhere.