Q &A with AR.18 Apr 2014 13:10
Historical Q&A from AR that I have posted before.
Q. Do you see value in the Vialogy IP? How will that be preserved or monetized for existing shareholders in the company (including of course me)?
A. Yes I think the existing IP has value, however historically Vialogy funded this all the way through, the new remit is that Vialogy owns 75% and has no further on-going operational costs, which historically was in excess of £3m per annum. The future will be that this is now an investment and hopefully has value, I will use the PLC for building another business and shareholders will have two opportunities
Q. Do you have plans to add value to the AIM entity which is Vialogy and will current shareholders get to participate in that upside?
A. As per the above, I will use the PLC as a vehicle to acquire a business and shareholders will have the opportunity to subscribe to the new boards ideas going forward, I would like to try and get shareholders some money back over time.