Most of the long term shareholders of this company are being kept in the dark to the exact goings on here.
There was supposed to be an IER report from Nexia to be issued for ALL shareholders to view prior to voting on these projects. This has never occurred.
Management agreements with loans and free shares, what a joke. Do the Directors think that shareholders are a bit thick in the head. Business is not done in this manner.
Wonder if this complete set up is actually a claytons RTO, if this is the case why do they not inform the market and shareholders.
PPS Group of companies are as follows: CU2 Global M Ventures MobiWare Lemon & Lime.
So WHY have they been issued shares individually. PPS 200 MILLION, CU2 Global 155 MILLION, is this double dipping or what especially when it is supposed to be a management agreement with LOANS at NO INTEREST.
CU2 Global CEO Peter Paterson, PPS CEO and Chairman Peter Paterson.
Past Directors have a lot to answer for on what they have done here. And we all need to be mindful of the Millions of .001 options, which has the potential to keep the SP constrained for a long period of time.
IMO DYOR
MOT Price at posting:
0.3¢ Sentiment: None Disclosure: Held
