Hi Beancounterobj,
Yes, it is improved but only if NS should be acquired at this stage.
You may think I am against our board and the dilution. That is not true. You can read the first post under the thread Information required for decision, I said the board works hard and should be rewarded. I am happy to vote yes to issue them shares at 1.5c to fund the rollout of our products. What I try to argue here is we should not dilute our shares at 1.5c for a deal which is not necessary for us at this stage.
According to the AGM presentation, we are going to have 4 pillars. The other three don't rely on NS. We can develop those first. If they go as planned, our company's value will increase significantly and we have less dilution, less financial burdens (no loan) and certainly less risk. When we have cash and a better share price, we can look for acquisitions. I think it will be better for shareholders in this way.
Anyway, let's see what's in the final proposal to address our concerns.
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