The Results, and Titan's Return

Just looked at RNS - if £4 per machine sold comes back to MBD (whilst in voluntary liquidation) with proviso that max return is £12M then with some 17M shares this equates to around 70p. So if MM and his oppos put in the £250K to get it to market (thru their LTD company) and it takes off this looks a reasonable deal - or is it pure snake oil. The only reaaly odd thing about this latest plan is - why is it needed at all because if the IPR is worth anything then why do they need to spend anything to get some company to take it up. They could give it to a company for nothing (or say licence cost of £1) with proviso that IPR reverts to MBD if not commercialised in say 2 years. If commecialised then take £4 per machine from company making it. Maybe this is all to simple. Suppose we shall see if MM is a villain or a good guy in due course. Omens not good though as there seem to be more and more people shafting shareholders - SFA not up to speed yet me thinks.

One other point of note is that payment to MBD seems to be capped at £12M so if in the unlikley event it takes off like a Dyson cleaner then £12M looks very small. This stock was alwys in recent times an outsider but what are the odds for 70p coming back I wonder.