On the same page. I said many days ago the following, and believe they should be cutting their wage and incentivising themselves with further share at say 6c after consolidation by when the SP hits 6c there is a staged allocation of shares provided back to management to make up for their loss in wages. So if AL took a $300,000 pay cut at 6c he can get back $50,000 in free shares, at 8c another $100,000 in shares and at 10c the remaining $150,000. Let them put some skin in the game IMO:
Cash burn way to high when compared to revenue. At current spend have about 6 months - 9 months funding, so revenue key. Admin and corporate overheads remain way too high IMO, and management need to start to lop of the gravy from their salary until revenue delivered IMO (i.e. when they deliver they can have some more shares after consolidation, not before on the gravy train).
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