|Well its all going to boil down to Arbitration now and winning |
For Paw to come back trading its to complicated to explain but this was at the fore front in Jan below
So for now put your shares away and don't even bother to think its going to trade until we have a judgement one way or another
Only way Paw trades again is with a win
I apologise for not returning your previous email. It was that I had nothing I could release at that time.
1. Our legal and associated costs for the Arbitration are fully funded to completion without dilution of current shareholders equity in PAW. It also means that we do not need to call on existing Shareholders to fund these and operational costs.
2. Our Lawyers are pleased with the progress of the Arbitration so far.
3. We have recently raised Ps250,000 also without delusion to meet corporate costs for the past and next 2 years. This allows us to pay for Audit and associated costs for 2014, 2015, 2016 so that we can reinstate PAW to the NEX or TSXV. I am hopeful that this will happen by mid-year.
I presume that you would be very conversant with our Lawyers and our Arbitration Funders both of whom are Headquartered in London. They share the risk with us as the agreement we have with our Arbitration Funder is that there return is solely reliant on our success.
I am restricted with what I can release to an individual shareholder as you would appreciate.
In conjunction with our Lawyers we will issued a Press release within the next month.