RE:RE:RE:RE:RE:IBankersAll I know is if the circular comes out and the numbers checks out then im voting yes.
IR provided me with rough estimates as follows:
2019 rev 7m USD
2020 rev 10m USD
The alternative is Status quo and Status quo is unacceptable.
Those who vote no should realize Ausa can continue to funnel money to Passport via purchase orders and without the need for a SH vote.
So either way, money is going to passport.
Passport deal has more potential than doing nothing. They only have $9m in cash not $30m.
So tell me what other company will take $9m cash plus 58m Ausa shares? None.
This deal is a no brainer. Look at my post history, I'm the most critical and outspoken person on Ausa.
This is the first time im agreeing with Ausa's accretive ebidta positive move.