Tuesday, May 23, 2017 10:41:34 AM
- http://southerncapital.co.nz/#about
- http://southerncapital.co.nz/#projects
- http://southerncapital.co.nz/portfolio/cyrcadia-asia/
They don't receive any funds from Cyrcadia US.
It's them who have paid Cyrcadia US in exchange of the Asian market and full rights to sell the iTbra in Asia.
Read the latest PR. Everything is explained there
http://www.prweb.com/releases/2017/04/prweb14273437.htm
I only know what has been made public. Maybe other people in this board who are also direct investors in Cyrcadia US can provide more details regarding this agreement. There are still many aspects that are not transparent, such as what is the % of ownership that Cyrcadia Asia has from Cyrcadia US, and vice versa. Or more important for us, what is the roll of LLBO in this agreement. Nobody knows yet what % has LLBO from Cyrcadia Asia (if any) or what is the final % of Cyrcadia US after the sale of patents and the agreement between Cyrcadia US and Cyrcadia Asia. Everything is quite dark until we have news in the form of filling by LLBO. I hope we listen something during the month of June.
Disclaimer: This information is only my opinion and should not be considered as an advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments.
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