ESN 0.00% 1.6¢ entellect limited

:) luv it, clever, made me smile, Sex Pistols....they look tame...

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  1. 3,857 Posts.
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    luv it, clever, made me smile, Sex Pistols....they look tame by today's standard.

    Have you seen the light?

    Just read the rest of the announcement, geez…if all of the proposed options and c. notes are converted and my ruff adding up is correct, there could be up to 2 billion approx. added to the registry, pre consolidation, on top of the 2.7B there are now, from memory 1 billion were added in the last 18 months, no wonder they want a consolidation.

    Looks like resolution 3 to 10 are setting ESN up for massive dilution…..even if notes or options are not converted, it is still a lot of shares, over 1.2B they are looking for.

    Any opinions?
 
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Currently unlisted public company.

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