Cheers check the Greene thread under ASX stocks also for more stuff. Here is a Bio of Jim Johnson and a bit of history. http://www.careerfaqs.com.au/stories/1024/Jim-Johnson-Chairman-Carbon-Planet It does mention this: "Who came up with the idea behind Carbon Planet? Carbon Planet was first conceived by Dr Ross Williams in 2000. Ross is very much a visionary in technology and the environment. He was a business partner of mine in our previous software company called Rocksoft Limited. Ross Williams and Dave Sag are the founders of Carbon Planet, which started to operate and trade in 2005."
I reckon this is this link to M2M they probably knew each other anyway and M2M saw the opportunity... as a model I feel the takeover does offer separation and avoid conflicts of interest for both companies.
MCL Price at posting:
0.5¢ Sentiment: LT Buy Disclosure: Held
