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Deal completion details, page-96

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Stocks78

3,193 Posts.

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30/03/16

08:11

Post #: 17378417
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Originally posted by Chade79 ↑

Kunsleep.

I've reported you for what seems to be blatant unsubstantiated down ramping, because multiple users have pointed out that you are completely wrong in your assertions, but you continue to come in here and either

a.) Prolifically down ramp, with the same lies

b.) Change your tone and say ODN and gridComm is the best thing in the world and management are great

It's clear to a blind person that you have a hidden agenda, so I am going to post the evidence that you are wrong, and then inform both HotCopper moderators that you are lying, and also inform ODN management and their IR person of what you are doing.

Once the facts are here, and you have been made aware, you only have one reason to keep doing that you're doing. Trying to influence the price by false and misleading statements. Holders of other stocks have been legally liable for their posts, and I'm pretty sure you are over the line, so I would be very careful with what you keep saying.

First image below : An excerpt from the latest announcement, which clearly states "ODN have executed the SSA". And the board has also voted to "proceed to completion on the basis of 94% of signatures being received"

Second image below: A number of posters have questioned the above 94%, and I've read on here that management have confirmed that under Singaporean law the deal can be enforced etc. I always like to follow up, so I emailed the IR person who confirmed this in writing, and I also then did a Google search. Found the information myself, took all of 2 minutes of searching.

Kunsleep. My question to you is this. Management have made assertions to the ASX, which are not ambiguous. They are clear statements of fact.

I put this to you: are you claiming that management are misleading the ASX and the market?

If the answer to this is no, then I would ask that you cease from this line of accusations and baseless commentary on the status of the acquisition.

if the answer to this is yes, please put this in writing and stand by your convictions, but I would suggest having some concrete evidence as you will most probably be opening yourself to some form of trouble.

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^{gridComm Among Top Three Startup Companies at IBM SmartCamp}

SINGAPORE–(Marketwired – Mar 29, 2016) – Earlier this month at the LAUNCH Festival 2016 in San Francisco, IBM announced that gridComm has been selected as a SmartCamp top three finalist. Based in Singapore, gridComm provides connectivity solutions IoT (Internet of Things) systems and devices based on hybrid power line communications and RF technology that makes use of existing power line networks. This enables the transformation of the electricity grid into a smart grid, connecting street lights, power meters, sensor networks and industrial equipment.

“Being selected as one of the top three finalists at the IBM Smart Camp is truly an honor,” said Mike Holt, CEO of gridComm. “This is further validation of both our technology and the opportunity that exists to help cities all over the globe save millions of dollars in electricity costs by enabling city-wide sensor connectivity. IBM’s SmartCamp has helped ramp up commercialization plans for gridComm’s smart grid products. We’re utilizing IBM for data analytics to automatically determine street light dimming levels and enable predictive maintenance.”

About the IBM Global Entrepreneur SmartCamp
The IBM Global Entrepreneur SmartCamp is a one part mentoring bootcamp, one part networking extravaganza, and one part epic pitch competition between rising startups from around the globe. Aimed at identifying early stage entrepreneurs, the IBM SmartCamp provides an avenue for startups to take advantage of mentoring opportunities, learn from thought leaders, and network with serial entrepreneurs, investment firms, academic institutions, and industry and technology experts. For more information, visit http://www.smartcamp2015.com/.

About gridComm
gridComm provides power line communications semiconductors, devices and systems that enable the transformation of the electricity grid into a smart grid. By connecting utilities to their customers, gridComm’s semiconductors, modules and DIN Rail PLC modems help to transform meters, streetlights, homes and industrial buildings and other appliances into energy-aware “smart devices” that react to conditions on the grid, thus implementing a worldwide communications network or Internet of Things (IoT) based on the existing power grid. gridComm is headquartered in Singapore.

http://investingnews.com/daily/tech...ng-top-three-startup-companies-ibm-smartcamp/

Last edited by Stocks78: 30/03/16

ODN Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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