re: Ann: Notice of Annual General Meeting/Pro...
All shareholders
While we are looking at projects, the company is being given away at the AGM. Read resolutions 6 & 7: Issue of over 295,000,000 options that convert at .001c and the recipients get them for nothing. MOT has less than 600m issued shares: Add 295m for NIL consideration. Certain people after converting get a holding of over 40% and therefore added to their existing holdings OWN MOT. Sold MOT for less than $300,000. Share price pegged at .001c. Share price cannot possibly go above .002c. Average value of a shell company even if suspended is approximately $1.5m Our directors giving OUR company away for nothing. It is time to be reactionary and vote down these resolutions OR remove the Directors who are obviously giving away the company by stealth. Draw the line: The directors vote and remove resolutions 6 & 7 and sign up a project now or throw them out and replace them. Shareholders call?????
DYOR IMO
MOT Price at posting:
0.2¢ Sentiment: None Disclosure: Held
