i was just looking at this again and thought i'd get your comments if you don't mind
see below taken from recent announcement re:option deal for current shareholders.
perhaps i might be wrong in thinking it.
but the option deal for share holders isn't what i'd call generous given they've had a pretty raw deal over the past 12months.
1 option for every 7shares, you'll also note that people who participated in recent placement (private placement) will get a 1 for 1.
hmmmm dont like that set up very much, no doubt some shares issued in the recent placement will go too new shareholders.
they'll get a better deal (on the options) than shareholders who might have been longterm holders who have stuck by the company in good and bad times.
might take this issue up with senior management of Monto next week..
"""""A prospectus will be sent to shareholders about 15 April. Briefly, however, shareholders will be able to buy options at 0.1 cent each which they can convert to shares for 5 cents each at any time up to 29 September 2006 (1 option for 7 shares held for all shareholders, and an additional 1 for 1 for those shareholders who participated in the share placement announced last week)."""""
regards
MOO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
