See http://www.anewhyro.com/ This site shows you why the KIT...

  1. 9 Posts.
    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.


 
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