Ann: First European Distribution Deal Signed for API Products, page-86

I think the CR at the high SP was good business, not good for holders as it was in the bubble period when prices were building before the MC sector cooled. If you look at another WA based MC company who was leading the pack with the SP during that bubble period, they only a month or so ago did a CR at 30%-40% less than their peak price during that period.

So far MXC has been ticking the boxes that they have set out to do, the levels of success at each of those milestones is debatable but in these early stages of a new marketplace in Australia they are progressing over seas and trying to make in roads on shore with RMIT.

So bring the GMP and revenues and see what we get for a SP then! All imo gltah