have a look what i found on this AGM doc, dated october 07
" • The Company will enter into a 12 month advisory services agreement with Cygnet at the cost of $10,000 per month;
The Board believes that the 12 month advisory services and asset procurement agreements referred to above are of significant benefit to the Company. Under the agreements, Cygnet will advise on corporate and capital issues such as acquisitions, and will implement acquisitions determined to be attractive to the Company. Cygnet is well positioned in the market and has access to significant deal flow across a wide range of industries and sectors. Cygnet has advised that it has identified and is currently conducting due diligence on a number of opportunities. Cygnet is in a key position to source potential acquisitions and investments to add value for all Future stakeholders."
ok, so Cygnet oppies at 1.5c expire in oct, and they have until oct to implement acquisitions deemed attractive, which they ALREADY have been conducting due diligence on.
no wonder they felt comfortable waving the 2.5c oppies under their clients noses. as they themselves say, "Cygnet is well positioned in the market and has access to significant deal flow across a wide range of industries and sectors", as it already has clients in a wide range of industries.
hmm. Maryborough?
FUT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held