See http://www.anewhyro.com/ This site shows you why the KIT Deal is VERY BAD for shareholders. The reasons include: -Shareholders likely to receive 20c a share - half the value for their shares. - all liabilities will be need to be paid BEFORE shareholders get a cent. - A $3m debt will need to be repaid. - Shareholders may be subject to income tax on the distribution -Shares will be Locked up for up to 12 months - Swapping your business for shares in KIT Digital - Kit Digital shares have fallen more than 50% since the deal was announced and 75% over the past 3 months. - Executive Directors are taking 20% of the value of the deal as it relates to shareholders.
HYO Price at posting:
31.5¢ Sentiment: Sell Disclosure: Held
