In my opinion only,it's the logical way to go with Virotecs...

In my opinion only,it's the logical way to go with Virotecs present financials ie cash on hand $4766597 cash assets $8226729-liabilities $3640132.

Assuming
(a) Extra staff required (1-10 who knows) to promote/market and run Hydro dec being a totally differant direction for sales etc.
(b) return of initial capital expendature on Hydro dec
in australia.$ 1.26mill.
(c)Virotecs 40%/65mill shares/$16250000 equity in Vert eco,If for instance fire sale of Vert eco neccessary Virotec nets 50% $8000000 there abouts.
(d) Vert eco promotes Hydro dec well, timeframe (1-2-3yrs)Gets major sales your guess is as good as mine.but say $25mill annually 5% =$1.25mill/annum to Virotec.
(e) What price Vert eco now and Virotecs 40%equity, it`s got to be a lot greater than the 10p placement.

Your comments please.

Regards MADPROF.

I am along term holder and will be at the AGM i`m very pi****t off with the general disclosure of the co.