OAK 1.45% 7.0¢ oakridge international limited

XPE Charts, page-9786

  1. reu
    1,743 Posts.
    Err.. logic. Everyone wants a happy AGM.

    Why else do you think we've only just finally had a decent Q&A from Marty ?

    Why else do you think we've only just finally had an update confirming the MOUs are alive and well ?

    Also, some here have erroneously concluded that since ordinarily such MOUs would not be named prior to licensing that we must now wait for licsensing or finalisation of other stages in the product development process (touched on in MD's Q&A).

    Whereas reality is, last week's announcement plainly said the following:

    "Following on from progressing the MOU's, the company is now formally seeking to release the suppressed identity of each chipset manufacturer."

    As "the progressing" here refers to the successful porting, and not to later stages in the product development process, this statement clearly indicates that approval is being sought RIGHT NOW. Once that approval is obtained, that information will almost indubitably be released to the market.

    How long does it take to get a "yes, you can tell your shareholders who we are now that porting is done" ? -If it took more than ten days I'd be surprised to say the least.

    Personal opinion, DYOR etc
    Last edited by reu: 23/11/16
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