CRO 2.33% 8.8¢ cirralto limited

Ann: Motopia's Online Platform project, page-5

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  1. 755 Posts.
    All very strange to say the least,

    We have a Board that have been telling us that we have the greatest product ever to hit the market in the IT field and supposedly have some of the best IT sales and marketing people within our organisation.

    If this is the case why has the company had no revenue from this investment.

    Why also have we had to outsource to Raptor and now another outsourcing of the product.

    If and when this product ever does become as earth shattering as we have been led to believe, how much revenue is ever going to come into the coffers of MOT. The amount of shares issued for this technology and the capital raisings to raise funds to loan them money (all to the dilution of LT shareholders) seems to be quite unbelievable for a product that has been around for near on 10 years.

    Consolidation will just about wipe out the majority LT shareholders.

    IMO DYOR
 
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