resolutions 18 and 19 the issue of 20mil and 100mil shares to raise funds for future working capital states....
20mil res 18
the shares will be issued no later than 3 months after the date of the MEETING and it is intended that the issue of the shares will occur on the SAME date.
100mil res 19, says the same, so no waiting for them to sell the placement shares as they clearly say issued same day as the meeting, must be a prospectus coming real soon ?
res 18 is to brokers ect
res 19 is to public who subscribe for shares under the prospectus.
must be very confident of achieving this outcome? any comments.
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