Fontana allocation varies from prospectus

The Fontana prospectus states that multiple applications by any person whether in individual or joint names will be treated as a single application, but the information included in the broker’s release regarding allocation seems at variance with this.
The brokers indicated that, “multiple applications from a single person or entity were removed except where they were entitled to apply for shares in a reserved and the public pool. Once that process was completed, 2,770 applications remained for 944,150,335 shares”.
It would appear that had the allocation been done in conformity with the terms of the prospectus, the number of shares applied for would still remain at 982,194,569. All multiple applications are to be merged to be one, as such investors

Fontana Waterloo Road

in the public pool should be allocated differently than what has been announced.
Contracts once consummated, are expected to be adhered to, accordingly, the terms set out in the Fontana prospectus, need to be satisfied as far as the allocation of the shares is concerned.
The broker needs to explain to the public if in fact the allocation for the public pool is in keeping with the terms set out on page 14 of the prospectus and if not why not and what will be done to comply with the terms that investors signed on for. It appears that the brokers are trying to unilaterally vary the contract that investors signed on to and they cannot do that.

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