Ann: Appointment of voluntary administrator , page-72

I disagree on some those points.

I think the key to the order of things is to investigate via directors or administrator the definitive solutionary amount required to bring cashflow positive. ecompassing all scenarios of notes to repaid also or notes rolled over.

'definitive' most likely being a ranged parameter. best and worst assessment. ceiling predictions included.

I do agree in regards to copulos notes he might need to be queried on this at some point in the estimation process to see if that is to be factored or not.

but I think it wise to have ur figures in mind first. and know what amount with or without copulos playing ball would be required for the business to survive from the mathematical sense.

I think that is most wise prior to any speculations or thoughts about takeovers, continuing public or private etc.


I personally disagree entirely about part privatise or privatise and massive dilutions and the like joe.

market cap is 5-6mill. I think can be saved for 15-25% of present cap injection. and remain listed public

hardly a need to dilute other holders so much?

this business has been diluted much more then that potential dilution in time prior. and my opinion on this occasion is it could stay public after injections with not much dilution perhaps in realms 20-25% dilution.