Well depends on how you want to look at it.
OM report claims that the PERF shares were earned by just over $1,000. This is factually incorrect If they were to be honest they would have said that the Milestone C shares were the ones that "just" got over the line. ISX claim it was by over $500,000, and they won so? “The 2014 performance rights had revenue targets to be met by the end of June 2018.These were met by a margin of $1,347(excluding R&D grants and interest income)…” If you include R&D etc its over $500k So they claim the Perf shares, not milestone 3, so therefore it is incorrect. If they said part of perf shares or milestone C then it may be correct depending on how you look at it. But they claim Perf shares, which include A and B so INCORRECT.
They claim the ownership of the shares are OPAQUE, to who? Shorters? Because in the federal court it is clear who the owners of the shares are. So again INCORRECT
Two examples, however their open ended questions to try and insinuate wrong doing is throughout.
- Forums
- ASX - By Stock
- SP1
- Treasure Trove
Treasure Trove, page-960
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SP1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online