same outcome for less dilution+board benefits , page-22

Res 6 ( ratifying Monash deal in principle ) was passed. It was passed in good faith, and remains subject to Monash coughing up.

res 6 is actually now materially compromised to the hilt,,via acts and ommissions to act/effect, prior to AND POST AGM,,, as the company has REACTIVELY sought alternate funding in lieu of res 6 being appropriately effected in a timely manner, no matter how many time on minutes are left on the game clock,,

ESI ( the company), has brought about (effected ) the milestones for which the company tabled the requirements referred to in res 6 in the first & subsequent instances.

All this can not be any clearer than mud,,, until post 28 Feb, imo.

The clock is being wound down to the wire now for a number of reasons imo,,, and Monash must be locked out,, via the negotiations in progress imo.

This is why I expect no Monashian fur balls, between now and Feb 28, excluding as alway the 5% chance of some sanitized play of no more than a coupla mil ( @2cps ??)

The company would be double dipping if Monash were allowed to cough up,( now that a number of funding side contingencies have been reacted upon,), in much the same way as double indemnity and double jeopardy are frowned upon,,, and have legal ramifications,, imlo.

This is why I reckon after St Valentines day, next week,,,it just becomes a classic technical 'wind the clock down ( legal care taker mode ) with the upper hand of ball possession ( driver's seat ) imo.,,

,,,, then silence wrt CSI,, but Half yearly's and DFT prep announcement(s) while punters are crying foul over NO UPDATE ON CSI,,, SHOW ME THE MONEY !!!,,,,, then,,, around the Ides of March,, after much steam blowing and anger wrt continuous disclosure,,,,,,, a share holder update, ,,referring to CSI ( Monash ) RFP submission criteria all satisfied,,, PLUS a shares in trust allocation sorta smoke screen,,, of an amount UNDER the 15% rule,,,for Monashians, ( inferred goodwill ),, IF,,, their Punterland beshibas, Romanian Leu's, Polish Zloties,, or Martian confetti, ever rock up.

This way, no EGM is required, ALDP satisfied,, Punters laconic,but not threatening tar and feathers,, or ASX action,,,,Monash don't smell so much,,,, and ESI directors, can walk into the next AGM not looking over their shoulders for buckets (of tar ),,, imo..