Ann: Placement of 3.5 million shares , page-11

hi salty

are you suggesting the CTN shares are part of the placement?

cheers in advance

PS another observation regarding those CTN holdings - check out some of the market caps achieved over a 2 yr period.

quite a few have gone on to be $1billion + companies. many are now available for leverage on margin loans.

it seems that CTN specialize in finding micro caps that are capable of becoming midcaps or better.

in light of this, you'd have to think that placement holders at 38c would not be feeling hard done by. if you add up the entire volume of shares traded below 38c since the placement, you get nowhere near the 3.5m issued.

i doubt very much that this short term weakness on low volume is even a consideration for an investor with their sights on $2.40+ in under 2 years