pgamble, you're in with a reply quickly! Veremonte now hold 10%...

pgamble, you're in with a reply quickly!

Veremonte now hold 10% and 22.5m shares.

So, I did some more reading on Veremonte. Veremonte International BV own the Veremonte conglomerate trademark on the company Veremonte:

http://trademarks.justia.com/companies/veremonte-international-b-v-2161477/

Note the "V". That company is this one:

http://www.veremonte.co.uk/en__inicio.html

So we have Veremonte injecting money into GLA. Veremonte is heavily into agriculture. It also did a $1.08b takeover of a bio-diesel firm in Brasil in September 2011:

http://www.bloomberg.com/news/2011-09-06/ecodiesel-shareholders-approve-1-08-billion-biofuel-acquisition.html

Interesting stuff having them buy our shares. We have a resource, the DPC technology, and the feedstock for the technology. I note on page 12 of the current presentation that GLA is in discussion with plantation groups for plantation supply:

http://www.gladiatorresources.com.au/wp-content/uploads/2012/05/gla-presentation-march-2012.pdf

All good stuff! :)