Now just a tad under 3 BILLION shares on issue of which most have been issued over the last 12 months.
The majority have been issued to people who had companies less than 12 months old for supposed managements agreements.
MOT has been taken control of by the owners of these new companies and they continue to give away shares to dilute long term shareholders.
Dilution of long term shareholders via proven revenue and profit making ventures would have been the way to go, not the way that these new companies have been thrown upon us with massive giving away of shares for companies who do not have the score on the board.
How many more are going to be given away for the same type of ventures and fees over the next 12 months.
IMO DYOR
MOT Price at posting:
0.2¢ Sentiment: None Disclosure: Held