Our note:
1/Recently raised $6.0 mln cash by the issue of 120 mln shares at 5 cents.
The acquisition of Energy Mad Ltd and Australian Meter Company P/L
will absorb $4.5 mln immediate cash.
2/Raising $2 million via a convertible note, currently being finalised.
3/A major consolidation of shares on issue is expected at some stage.
consolidation expected?? WTFFFFFFFFFFFFFFFFFFFFFFFFFFFF
someone ask that at the agm.......i may not be able to make it..
f*k the consolidation...im sure many will be out if thats the case...is that the reason for keeping price down?????????????????
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