CRO 2.33% 8.8¢ cirralto limited

17/4/2012. Market Update. 8 week DD with European Co. SRK to...

  1. 755 Posts.

    17/4/2012. Market Update. 8 week DD with European Co.
    SRK to assist.

    2/5/2012. Reservation of the name Ausbase Minerals with
    ASIC.

    8/6/2012. Announcement to market re change of name to
    Ausbase Minerals.

    15/8/2012. Re reservation of the name Ausbase Minerals.

    17/9/2012. Notice of General Meeting to vote for name
    change to be held on 18/10/2012.

    9/10/2012. SRK report. This was requested in April.

    18/10/2012. Meeting cancelled due to shareholders demand.

    Ausbase Minerals had a web site till just recently, and had MOT announcement on it.

    Mot web site had only Lemon & Lime, but on 5/11/2012 at 3.58pm had MOT'S annual report added to it.

    As at 30/9/2012 (4C) we had $208,000 cash at end of quarter. Raised $305,000 in the issue of shares and options.

    On 18/10/2012 we then raised another $154,000 in issue of more shares.

    The cart has been put before the horse and cash has been spent on items that have not been approved by shareholders.

    IMO DYOR


 
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