3,017,627,428 shares on issue, consolidation can not be far away now.
The 1/2 year report issued on 1/3/2013 quoted that there were 603,557,714 shares on issue. Since January 2013 2,414,069,714 have been issued on an out of control spending spree that has eventuated in little or no income for the company.
L/T shareholders have been diluted into non existence.
No wonder there are no buyers on the buy side. Progress for this company was a necessity but NOT at these figures that have not returned what they were touted to be.
IMO DYOR
MOT Price at posting:
0.1¢ Sentiment: None Disclosure: Held