Not a very nice result. Revenue: $20,769Cost of...

Not a very nice result.

Revenue: $20,769

Cost of services
Rendered: $19,351

GROSS PROFIT 1,418

We are no better off than under previous management's.

There has been too much of the same old thing on and on.

Top 20 Shareholder List makes for interesting perusal, some very large shareholders have disappeared from the list.

An Announcement of 3/6/2013 on Board Changes mentions a Stella Jiang, but in the Report there is no mention of this person. (Nothing has been announced as to this person no longer being with the Company).

All starting to fall into place on what is going on with MOT.

Pertinent question at this present time are as follows.

1. Why have a meeting on the 18th October(prior to new
Quarters figures).

2. Why have a Meeting to issue MILLIONS of shares when
Shareholders are not fully informed.

3. Why are all the Directors not elected, not going up for
election at this meeting.

4. Why has this all not be rolled into one Meeting i.e.
the AGM due in December. Could easily be bought
forward.

It seems that there are reasons for trying to get shares issued before figures are released and directors elected!

To have to be loaning $$$$'s to Companies that are supposedly income producing, and some operating for up to 10 years does not give shareholders much confidence in this whole set up. We are supposed to be managing them!! So why are we loaning them $$$$'s and issuing them shares which is only diluting long suffering shareholders.

IMO DYOR