How much longer is this Board going to stay in control and keep diluting shareholders investment.
Perhaps the shareholder group that has been meeting with the Board of recent times should get two of their members to replace some of the board members.
Interestingly none of the shareholder group were approached to invest in more shares. I ask the question who were the purchasers of the shares!!!!
Lemon & Lime
If I remember correctly last year there was mention of L&L in a UK deal and also it was being used in S.A. for the Adelaide Festival and the University.
No revenue for the company in the 2011/2012 report but the apps. have been in use.
Lemon & Lime had its registered address as Sth.Yarra but on 2/3/2012 it was changed to a Geelong address.
In the Market Update of 17/09/2012 MOT states that it is expecting revenue to flow into the company. WHY does L&L have a different address to MOT.
Things do not seem to be as they should be.
IMO DYOR
MOT Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held