Ann: Cleansing Prospectus, page-140

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apkjm

5,172 Posts.

2011

30/01/19

20:29

Post #: 37270843
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Originally posted by MeToo ↑

Hi apkjm, it’s good to have conversations rather than arguments and hopefully we all

learn from those conversations?

Not cryptic at all. Let’s see what the next ann. says?

The punters bit was a question, not a statement. It had a ? after it!

I hope this is easy to follow?

And it is NOT anti VEC. It is not knocking VEC, it’s directors or it’s projects! And I don’t understand how some interoperate thing as anti(?)

The shareholder approved vendor’s shares would normal have 1 to 3 years compulsory escrow. (From previous experience)

Seeing the shareholders approval for the vendors shares expired, VEC issued the shares as undisclosed and therefor with an ASX automatic escrow period, then VEC issued a cleansing prospectus which removed the ASX escrow and then VEC issued the GM notice which states the vendors shares will be under a voluntary escrow (a private contract) There is a big difference between an ASX imposed escrow and a voluntary escrow!

Also the performance rights expired on the 29-Dec-2018

The deal done ann. was on 11-Jan-2019

yet they were announced as exercised in a 3b on 25-Jan-2019

The ASX could have issues with the above and therefore COULD be the reason for the trading halt. Note “could be”
Not is!

Just putting it out there for discussion.

Expand

Without being rude man , are we reading the same announcement . how in Gods name do you come up with that

Quote: The ASX could have issues with the above and therefore COULD be the reason for the trading halt. Note “could be”
Not is!

The trading halt is being requested pending an announcement by the Company in relation to the financial completion of the Adidi-Kanga Gold Project acquisition

VEC Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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Ann: Cleansing Prospectus, page-140

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