Life Hydroponic Assets5 Jan 2023 09:54
I do have a question after looking into the subsidiary a bit more. On the 22 October 2022, Life Hydroponic Assets were created which is a 100% owned subsidiary of Trafalgar. However on the 15th June 2022, Life Hydroponic Ltd. was also incorporated. This company is not owned by Trafalgar but rather by the some of the Directors.
So the assets in the hydroponics R&D facility belongs to Trafalgar in effect, but what happens to the intellectual property i.e. research? As that is where the value will sit....We need to make sure we understand this relationship and what exactly is the idea behind the facility.......We need the research to also sit within Trafalgar