I'm confused..Please help..., page-11

My query is still with KBL....I cannot go into details of conversations, but I'm surprised you raise this, they tried the "example" excuse with me also, this morning!
When I pointed out the flaw here, examples are examples AND the examples work out at 80%, that's it... it does not apply in both cases, you cannot take 80%, then round down AGAIN !;
The SH approval at the meeting specifically says : "(or if the VWAP calculation results in a Share price of less than $0.006, then 80% of that amount): That's it, that was what was approved, that is the maximum allowed by law and they cannot round down again after the 80% application...The examples are examples and were not the resolution, nor approved
The VWAP calculation is incorrect also IMO again...I cannot discuss here what i was told about this, at this stage
Lets see what answer i get...meanwhile i have suggested to KBL to refrain from issuing any more shares at what I believe is incorrect calculations