It is extremely interesting reading all the announcements re the...

It is extremely interesting reading all the announcements re the PPS project.

On 8/3/2013 it was announced that MOT was acquiring PPS.
They stated that they were going to issue 1Billion shares @.003c in escrow for 24 months, subject to shareholder approval. Also performance shares (no amount disclosed) over a 36 month period. IS THIS STILL THE CASE?

Now on 23/8/2013 it has been announced that there have been MANAGEMENT AGREEMENTS put in place with the following companies:

CONVERT U2 TECHNOLOGIES (Tranmere S.A.)
PRIORITY PROCESSING SYSTEMS
M VENTURES PTY.LTD. (There is no such company registered, but perhaps it may be MVENTURES HOLDINGS PTY.LTD. of Bondi Junction N.S.W.).

The latest announcement seems to be completely different to the March announcement.

Have we now done away with the acquisition of PPS. If not this new announcement eludes to the issuing of a minimum of 1.2 Billion shares and could end of near 2 Billion shares.

Are we now going to be the Management Company of the 3 Companies mentioned in the last announcement.

If this is the case WHY are we loaning them money, and WHY are we giving them shares, Management means just that we manage the companies and get paid for the privilege not the way the announcement has stated.

Hope I have read this all wrong, if not existing shareholders are to be diluted into non existence.


IMO DYOR