SP1 0.00% $1.07 southern cross payments ltd

new app released 12 days ago - "that's it", page-4

  1. 580 Posts.
    Hi Stormchaser,

    Contacted the company re your advice.

    "That's it" was owned by Mr Kidd prior to the recent applabs stuff so he has his legitimate ownership separation as it was his own app, no issues with that.

    Rosterelf, Snaptic and home open as well as any new stuff coming on board will be applabs.

    The only source of contention I can see in the future that may affect applabs share price is if directors of the company from here on in have involvement in third party app launches personally and not via the company.

    OPTIONS
    Advice I was given today is that some (I include myself here) may have misunderstood exactly when the options will be issued.

    In about 3-4 weeks there will be an AGM and then the option issue about 6/7 days post that from the way I understand it.

    If rosterelf launches at the end of this month then it will be interesting to see the market assessment/valuation of the share price then before the AGM and subsequent option issue.

    Seems it will be an incentive for those that got in at 23c now to hold onto their shares until then.
 
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