Ann: MOTOPIA APPOINTS RAPTOR GLOBAL CORPORATION LTD, page-2

I certainly agree that their corporate structure is a mess, compliance costs alone must be dreadful - but the biggest issue they face surely, is selling (or not) the technology and bringing customers through the door.

If it was as good as they keep saying, why is there no revenue at all, no customers beating a path to their door - and the longer this situation remains - the more likely a viable competitor, or three, will trump them!

The other immediate question is; What is this deal worth? Both to MOT and Raptor, as usual there are no figures mentioned, no meat on the bones of the announcement at all - how many shares/cash are being put on the table here and is there any preexisting relationship between any of the parties here?!?

I cannot see how tinkering with the structure, no matter how badly it is needed, will bring a single extra dollar in the door!

Good luck to holders, hope i'm proven wrong.

Cheers

Cabe