ATC 14.5% 8.7¢ altech chemicals ltd

dont happy

  1. 1,359 Posts.
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    The promising Business Plan crashed in January.While basic productivity remains intact, momentum has been seriously slowed. We have been informed legal action is being instituted against FNT and certain parties are in discussion re placements.
    The company's integrity is on the line.The upcoming prospectus seeking MORE money from the shareholders must contain a comprehensive explanation of what happened.
    What of Mr. Mittens incentive package?
    What is the state of litigation.
    Will early settlement of deposit effect convertible note lending or the bottom line of the intended Entitlement and placement.
    There cant be any mucking around now. If the company wants more money and double share numbers, to be sucessful it MUST ensure shareholders feel they are fully informed about past management performance and ramifications of present issues. Failure to fully embrace shareholders will be just another disaster.
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