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01/02/18
05:44
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Originally posted by Mackeral24
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I think many have taken a view that the wavefront board are not saying anything , I was able to contact Mr Zhang recently and whilst would not give any information on the China deal , I asked about the relationship with the new WBT board, I have also spoken with a WTB sh who said the new board has provided regular monthly detailed updates and have a good open relationship with the NXR board. A tremendous amount of work has been carried out in auditing financials, patents and clear logical development plan is being worked on .how quickly some forget that for nearly 3 years LGS, Redapple and recently Crikeyrob dislodged the previous board. We don’t hear them posting but they are NXR sh and dedicated in finding the quickest path to resolve what the previous board could not. I’m told non disclosure agreements prohibit them from releasing information only to WBT sh. We shouldn’t criticise them for having integrity in that regard . I’m more confident that a deal will be tabled that avoids heavy dilution as I’m sure they and Zhang don’t wish that. My assessment could be wrong but I commend them for stepping up and undertaking a very difficult task. They are well supported by Zhang and most WBT sh. Let’s give them our support. Takes big kahonas to do what they did for their benefit as well as ours. They have my support. Haven’t posted for a while as posts where just bitching and making ridiculous comments , constructive comments would add more to this forum and we as shareholders used to research and post what’s going on in the tech world, one peice of info the WBT sh passed on was new patents have been lodged in India and South Africa emerging economies. India has been enrolling a huge number of their population with a biometric due to substantial numbers crossing their borders , that’s positive .
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Sorry mack
You advise that information only available to Wavefront holders yet +50% of WBT is NXR?
So whatever your support is it comes across as contradictory. Im all for confidentiality but its a disclosure issue moreso.
Time for asx delist so its off my portfolio.