I agree with you. The vendor’s shares will be under compulsory...

I agree with you. The vendor’s shares will be under compulsory escrow and rightly so! I did not say the vendor’s shares would be affected by the cleansing prospectus.

The cleansing prospectus is about the 10,000,000 facility provider’s shares issued at 2.2c (10,000 shares issued at 5c? are others shares that I may not know about?)


See the 3B 25-Jan

(Note - cleansing prospectus closes 23-Apr-2019)

(iii) 10,000,000 shares issued to debt provider in satisfaction of facility fees at a deemed price of 2.2c each. ( these were issued without disclosure and the cleansing prospectus means these guys can now sell them.)


My side of this discussion has not been about the vendor’s shares, it has been about your answer to a specific question that was asked by rastes and your answer to that question!

Again.

rastes

“And the 'Primary Purpose' of this cleasing prospectus is ?”

Your answer

“to give MGI there shares to finalise the acquisition” (which is wrong)

(The following part is true) these shares will then be placed into escrow for 12 months”

“honestly you need to start reading the announcements and stop this rubbish” (interesting comment?)


((I have not read any any posts preceding rastes’ question to you))