this is no27 Jan 2014 08:30
different from any other shell except the BoD have given a strong statement in that they are near completing due diligence on 2 potential assets - note the statement "our shortlist of investment candidates which would be acquired by Xplorer under Sprint's ..... financial support".. - if you dont like shells dont buy - look at NOVA and how thats performed however people are chasing a 5 mill gbp market for 125k gbp revenue per annum,.....people still made money if they were in before the news....:-
note the folllowing statement:-
On 30th September I explained in our AGM statement that we, in collaboration with Sprint Capital, had driven a process leading to a refinement of our shortlist of investment candidates which would be acquired by Xplorer under Sprint's guidance and financial support.
We have remained in daily communication with Sprint's investment team and together with them, I am delighted to report that we have reached the final stages of due diligence and negotiation with our preferred two candidates.
Both represent substantial opportunities for our shareholders in terms of current scale and future prospects and we look forward to announcing further news shortly