should we just sell the i.p. and walk away?, page-2

In addition to my previous post, I think we all need to consider a few points over the next few months. If $10-12m more is required just to get to production/commercialization, then we are looking at further dilution (assuming no major contracts prior and subsequent share price increase) and there will be in the vicinity of 15-20 BILLION shares on issue.
What does that mean to every shareholder OTHER than Luxinvest and maybe one or two other select individuals?? It means that to get even a fraction of your money back the company will need to be awarded MASSIVE contracts that have a substantial positive influence on the share price. Now if that $10-12m is raised and no subsequent contracts are awarded this year, where are we at?
Who stands to benefit from progressing down that path?? I suggest only those who purchase shares at $.0008 while the rest of us are relegated to inconsequential chimps.....and 2-3 entities own everything and gain everything in the event of liquidation/ sales of I.P.

I have no idea what the I.P. Is worth....for ease lets say $50m right now.
If we sold it all to say Colt today we'd all receive roughly $.01 per share....which for almost everyone except the most recent investors is way, way less than what you invested.
If we then end up with the 15-20 Billion shares after the raising, and if no contracts are gained, then we still only have the I.P. to sell, then by selling the I.P. we only get $0.0025-0.003 per share.
Which sucks for most of us....but is still a huge profit if you are issued them at $.0008....so they can't lose....but we all do!!!

So who gains by keeping the company afloat? The executives who continue to get paid (and make NO substantial share purchases) and one or two entities who can buy at $0.008. The other hundreds or thousands of investors have their investments diluted massively and even IF substantial contracts are gained, what is the value per share in the company worth when there are 20+ Billion shares on issue?

Of course even if we wanted to vote on ANYTHING that may help the majority of shareholders, we can NEVER win as the couple of entities with the most to gain will not support it. I find it disgraceful that the progress or otherwise of things like MACH 5/50 are unable to be discussed when WE own the I.P. (well I assume we do).

If we are not awarded significant contracts in the next few months then I unfortunately think we need to consider executing a Stop-Loss on this whole endeavor and sell it in toto to another company and at least walk away with something.

I sincerely hope things change very soon - and for those who think I am a basher or something else I will say that I am a Top 20 shareholder and have been in since the float. We need to consider asking some serious questions of management with respect to what we own and what it's worth (ie. The total I.P. Value).

Good luck all.