James didn’t mention that Loop Mobile is being spun out of the existing listed company Adult Shop (ASX: ASC) , online seller of adult related toys, and the MOKO service was up to a few days ago called Kink Kommunity.

Thanks for your comment Judy.  However, what you failed to mention is that this IPO was a complete separation of Loop from Adultshop and a move to take back control by the Loop founders.  There will be NO Adultshop members on the Loop board, nor will they have any management involvement or connection to our business. Adultshop.Com will not own a single share in Loop. We have secured totally new and independent Directors who are highly respected members of the Australian corporate and media sector; and were attracted to the deal precisely because we would have no further involvemnt with Adultshop.  In regards to the name change from Kink Kommunity to MOKO - this was done to prevent further misinterpretation as per your comment - it was wrongly percieved to be an adult product, which it most definitely is not.  Regards, Ian Rodwell, Founder Loop Mobile.

Very interesting story here with conflicting reporting from Australia about just what MOKO is going or trying to be.  It seems that everything that is related to Adultshop is going to be panned in one way or another.  It has been clearly stated that Adultshop will release all claims and holdings in MOKO and still the silly news releases from down under persist.

There is a buzz going on about the potential for MOKO in other markets like U.S.A. but Aussie Media is still reporting “HOT AND HEAVY” about Adultshop and MOKO. 

You can either buy the IPO or you can buy Adultshop or both, to get your shares of MOKO.  It depends on your location.  Here in Germany it will be easier to buy Adultshop than the IPO.  If we had direct access to the IPO, well then the IPO listed price of .20 cent Aussie would no doubt be much higher. 

There is some good leadership and management gathered in MOKO and I for one am quite sure that there will be a major payback for investors if their gameplan plays out properly.  Good Luck to the IPO but better luck to the gameplan.  By the way, what ever happened to Kraash! Comics????

Harold and Monika Goodman in Germany

So where is the news?  What is going on?