Clyde
TY for letting me know re note holders - my reading of it has been wrong and for that I apologise.
Now lets call a spade a spade and this is my opinion - Noteholders didnt have any option either the appointment of an administrator or participate in the CR (Am I right in that). They were out of money by the looks of things at the end of June, the 4c shows $98k left which then required a further amount between $40k and $200k to continue to trade.
You need to watch their spending very carefully over the next few months
For once I do see some light at the end of the tunnel
Cash on hand
With that cash on hand should come
MAA for Artimist
In a better bargaining position when talking deals
Other lights:
Must be getting close with overseas MAA for Zolpimist
DP must be better than NW (Only time will tell here)
SC must see the writing on the wall perform or out
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