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The Results, and Titan's Return
4legs - Mon, 30 Dec 02 :
Affairs have been totally manipulated for Martin Myersclough and his close associates. He is the one responsible for getting Monotub into the situation its in.
Its a ludicrous affair that he raised money, spent it on development (doing little himself), to produce a finished product, then was unable find enough finance for production. He resigns, sets up another company, to buy Monotub asssets for nothing, presumably with the intention to go into production with someone, having raised the money needed.
If £500,000 is the sort of amount, that is talked about that is required to get Titan going, surely Monotub could have got it. I would have thought shareholders would have contributed.
Its getting to the stage where MM and his associates could easly own 50% of MMD.
Why can't MM, just put the £500,000 that he is going to use in his new company, into Monotub?
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