1 for 5 share consolidation Seeking to recapitalise with a 2.75M capital raising 2008 Interim report - Page 11 - "AAQ will retain all of it's assets, in particular it's interest in a licence agreement for patented technology and other intellectual property" Minimum detail given by Horwarth on why the company failed, what the 14 Jan transaction with Wakabayashi LLC was about, results of any investigation into activities of the directors responsible for AAQ when it was put into administration. No decription of what the licence agreement covers. No indication of what Charterhouse Capital's intentions are if recapitalisation is successful. As far as I can tell big administration fees by Horwarth to keep the listing on life support. The least Kitat could do is give shareholders some explanation of what happened. Very very disappointed.
AAQ Price at posting:
72.5¢ Sentiment: None Disclosure: Held
