Ann: Rights Issue Results , page-3

Not surprising that the take up of the rights issue was so dismally supported.

Raising working capital and loan funds for supposedly up and running revenue producing projects does not make sense.

It is incomprehensable that if Motopia are to be a management entity for these projects that they would be loaning them funds and giving them shares.

There has been, is and will be many projects that could slot into MOT, without the need of loans.

Directors have not taken into account what the majority of long term shareholders require as to turning this company into a profit making entity.


IMO DYOR