Rumours are meaningless, we are 20 persons working everyday full time on our TV project and ancillary businesses, we are not swissHawk, we are motion Network TV with dealing now the fund raising with a UK bank and a german private equity fund, Rumours will stop as soon as we ll be on air, the share price will rise as soon as we will be on air; and when first revenues come in, then the forecasts can be compulsed into financial ratios bringing the share price at an average level of 17X earnings PER Y+1 or 4X assets Y+1. So no worries, it is just a question of time to close financing in Europe as you know it is tough today. Unfortunately the reverse take over did not bring us a penny due to these former company's shareholders selling hard after 2 trading days, this is why we lost 6 months. You ll see press releases current July announcing start up date. Leave the rumours to day traders who burnt themselves. All the best
Christophe K. Kourdouly |