MrGann, as far as i am aware the 11mil shares have to be approved by shareholders.
Anyway did some research on the two companies the MD is with
Mariner Corp Ltd (MCX:ASX) has 776.33m shares on issue & trades at 0.003
&
Stanfield Funds Management Ltd (SFN:ASX) has 356.64m shares on issue & trades at 0.001
Will be interested to see what he comes up with? I hope for shareholders its a case of third time lucky!
Will ECQ push on with nappies and wipes which by the way i think can do very very well just needs to be rebranded and re-packaged.
I don't know if anyone has gone to buy nappies lately but all the competitors look the same in terms of packaging.
I still believe there is a place for a premium product such a ECQ's biodegradable nappies.
Babies need diapers like men need razors. Both of which one day i will bring to market :) i guess that's what attracts me to ECQ. anyway will wait to see what the new MD has to say via the ASX!
did some research on two other
ECQ Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held