The problem with the acquisition program is that XST has no money .
The last Placement at 3 cents to raise funds for the Alvares intervention was only small but still very dilutive because of the small MC of the company .
The investors from that placement are now underwater .
I am not sure at what price the Capital to make new acquisitions could be raised at .
Might need to do a share consolidation first before the business could be re capitalised .
I fear that any new acquisition would hugely dilute existing share holders and set in concrete their losses .
Imho only a result from the legal action or a good result from a low cost Alvares intervention has the potential to save our investments .
gltah
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