Shareholders have had months to wake up to the fact that the board are not interested in attracting new investors at this stage, their vagueness and lack of transparency are a testiment to this fact. It appears quite obvious to me that the lack of news and resultant low shareprice suits the powers to be down to the ground so that they can squeeze Mobilarm into a cheap sale of their existing stock in order to fund the exercising of 20 million 6.6c options before expiry in the next 2 months.
Quite simply this company do not deserve genuine investors. The company is being run to suit a few select individuals and the average little guy has been screwed around and led up the garden path for months. When it suits them however it will be a vastly different story. We can only continue to live in hope.
QTK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held