acquires zeta petroleum, page-23

Great work by Key, a reverse T/O by a private company with assets you reckon a worth $32mil (750mil shares @ $0.04).
KEY better have a detailed valuation on both companies assets as part of the "Explanatory Memorandum package",on a risked and un-risked basis. Otherwise how could they expect S/H to support it, no-way are S/H going to accept the board saying they support it and its a good deal, for S/H. S/H have long memories and last time S/H were told to support a company directive the board didn't lead by example.