MCL 4.69% 33.5¢ mighty craft limited

carbon planet a great opportunity, page-3

  1. 276 Posts.
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    To be honest I don’t know why they are back door listing via M2M. I have heard that Jim Johnson and the MD of M2M are mates but Jim does think that contacts that M2M have in China and elsewhere may be of benefit to Carbon Planet. I have know idea about financial regulations or how much it costs to list a company but I would think this is a much easier way of doing it. Most of the value in the merged entity will be attributed to Carbon Planet shareholders, for memory MCL shareholders will account for 75m shares so at 20c $15m of the $117m Market Cap. The company therefore will basically be Carbon Planet. I think this has been an opportunity for Carbon Planet to list quicker than they had planed too. I remember hearing that they were looking at a 2010 listing once a few more contracts had been put to bed.
 
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Currently unlisted public company.

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