Malmanu,
"No cash left , debts of 1.1m and private equity funding of 485,000 to draw from will add substantially to the already 1.8B shares. They own 80% and have to give Mooter Media 10% of profits over years 2014/2015."
Let's address a few of your points:
No cash left - Not true. Company recently (OCT) raised $585k. ($485k in a CN maturing Feb 2015 with a call option and just over $100k in equity available up to it refreshes it's capital at the AGM 29th Nov.
Debts of $1.1m - These debts are via existing CN's. The first matures in Feb 2015. The second was struck at .005c so not as dilutionary as you suggest.
MMZ is correct although 10% is hardly an issue. If the company is making a "profit" we will all benefit enormously.
O
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