ATC 23.9% 5.7¢ altech batteries ltd

oooahhh99, yanlin where are you?, page-7

  1. 156 Posts.
    re: shareholders on hold
    Thanks for the reply Yanlin. What is obvious in yesterdays announcements is

    (1) Reduced Pulse acquisition price from initial announcement. Why rush to buy when it would probably be worthless in another couple of months and get it for nothing? Its not like they need the extra capacity right now.

    (2) Conv note extended, which probably means they still havent got the $750k back from FNT vendor. Boy, he must be laughing right now. Easiest money he has probably ever made.

    (3) wood is still around and continuing to bleed this company dry. The new dream team dosent appear to have any clout.
 
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