IBX's management team(mainly Bob the head guy) could not progress the company at all and was frivolous to say the least with their funds....
PAB have the team and are actually trying very hard to push forward, the problems we have had are at least being dealt with and above all the management have saved funds to deal with these problems without going to market(at least as of yet)
If we were in the hands of the like of IBX then imho we would of already done 100-1 consolidation and raised more funds to keep the noses in the trough full, as the main Dr and Campbell are large shareholders this bodes well for ALL interests as if they dilute us they hugely dilute themselves which makes it more of a level playing field for those that have tipped in....
Obviously the GMP is imperitive that it works and the future will look very bright, there has been NO gains by management to earn as they go by funneling money out like so many other companies do, they truely want this to work
PAB Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
