The last year2 Jul 2020 16:07
Just looking back over the last year
13 Aug 2019 J.C.A with Bridgestone and interest free loan US$ 750,000
19 Feb 2020 David Ford steps down as chairman to focus on iTrack
16 Mar 2020 Further interest free loan from Bridgestone US$1.2 Mil for working capital
25 June 2020 Grants world wide licence for iTrack and transfers the operational business and trading assets relating to iTrack to ATMS Technology Limited a newly-formed wholly owed subsidiary of Bridgestone
1:- US$1.01 MIL and US$1.95MIL loan repayment
2:- Quarterly Royalty payments (First one to be approximately £0.15MIL based on O.T.R. vehicles CURRENTLY utilising the iTRACK system)
3:- Transfer of iTRACK staff including David Ford and Graham Storey
25 June 2020 Nigel Rogers(Executive Chairman) purchases 20,000 shares at 65.65p
Judith Westhead (Wife of non-executive Director) purchases 5000 shares at 62p
26 June 2020 Grant of options (1,003,000 to all employees including PDMRS at 62p if share price exceeds £1.50p)
26 June 2020 Nigel Rogers & his wife Judith buy 8,700 shares at 57p
Melvyn Segal (Finance Director) buys 8,000 shares at 56p
This time last year the shares traded at 66p today trade at 60p
Any thoughts form any one welcome?