Failing to launch ... again, page-5

Yep, ~17m shares now stacked on the sell side. Funny numbers rubbing to our faces.

Can't see anything exciting with the latest director appointment (if even a bachelor degree gets mentioned to pad out the bio then we're in trouble). Meanwhile Lorenzo Coppa is still nowhere to be seen on the board now that eStore transaction was done and dusted almost 2 months ago. Not surprised if he decided to bolt after 2nd thought and start cashing out some of his shares (5m shares trade in a single hit on Monday, who knows if escrow is on his contract, unless it was Paul Warren/Damien London). This guy is getting $1.3m worth of shares over 12 months out of eStore, so staying off the board would at least spare him from show-and-tell in a 3Y notice. With Damien London exited, Matt Dickinson now coming in and a finite number of directors stipulated on Shoply's constitution, Lorenzo getting (or wanting) a seat looks doubtful.

Sell-down continues and at this rate can't see the share price going anywhere far from 1.5c in the next 12 months.