POK 0.00% 20.0¢ potash minerals limited

Key Acquisition Terms and the AGM Doc!

  1. 465 Posts.
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    Ok I am a full supported here as a long termer but I need help from you all...

    Announcement 20/07/2015 "Potash Signs Option Agreement to Acquire Buddy Platform, Inc"
    Key acquisition Terms was the 500,000,000 shares will be subject to ASX escrow provisions.  I know there was a bit of banter here suggesting a 2 year period was also volunteered right?

    Notice of AGM - Document Mailer
    So reading through:
    1.  I cannot find the word "escrow" anywhere and there is no "schedule" to the terms of "consideration shares";
    2.  The "performance shares" - can the posters who are in the know place some revenue figures to these milestones as they can quote bazzions of connected devices means what?
    3.  The current revenue of Buddy is noted in the "consolidated BS" with some debt.

    I am a bit sick of these "get rich quick schemes" by the use of share flooding, it used time after time again.  I have gone to my "dark place" until somebody can please correct me
    (Happy to be wrong! but at least food for thought at the AGM and if your reading David).
 
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