spp part allocation sit back relax!

Hi all,

That's right sit back and relax...do some reading ie; the conditions of your SPP

"The company has approximately 4,000 eligible shareholders and in the event that all Eligible shareholders were to subscribe for the full amount of $15,00.00, this would exceed the minimum amount of $11,000,000.00 being raised under the SPP Offer. IN THE EVENT THAT THIS OCCURS, ALL APPLICATIONS WILL BE SCALED BACK ON A PRO-RATA BASIS"

That's right ALL applications will be scaled back on a PRO-RATA or proportionate basis!

So, to everyone advising otherwise and scaring everyone this is a condition of the prospectus!

Once again if you paid and you were on time then you will get your PRO-RATA allocation.

If some have already received their $15000.00 allocation then sorry guys it can't be well oversubscribed.

IMHO DYOR