Thanks Linefour for your assessment. I am under no illusions about the magnitude of the task ahead, however I have a very different opinion of the asset value.
Hi mumbil, each company we partner with has its own unique set of problems and therefore the strategy to address them is different in each instance. We certainly have a plan with MOT that we will work with the MOT board to implement, however, I hope you appreciate that the market needs to be informed as a whole of the actions as they play out.
Having said that you should get an indication from the last few announcements that we like the 2SQL software and obviously monetising a company's assets is the way to increase company value. We believed that the previous ownership structure was inefficient and hence the move (announced on 7/11/2014) for MOT to take a controlling interest in their primary asset.
Snowy thanks for your welcoming and civil comments…..by the way I am actually from Melbourne.
I understand that the sentiment on this forum is overwhelmingly negative and you only have to look at the chart and the buy/sell stack to understand why. 1/10 c seller no buyer says it all. This is not an opinion it is the cold hard truth.
Buy/Sell stack:
4 year – weekly chart:
For those who oppose any change to the current status quo that is your choice. What I would ask is for those other shareholders who do want to see a change in the above chart is to allow us some time to turn this around.