Ann: Appendix 4D & Interim Financial Report, page-190

You have those that purchased options at .008 cents and those that participated in last 1 cent CR down 50% not to mention all that got sucked into this cluster phuck of a company over the years. Stop losses getting hit, Those closer to the action accumulating. Surley if the ASX hands out speeding tickets, they can ask management why has the shareprice halved in the last couple of weeks. Probably get the response we are not aware of anything that could influence the shareprice.
If you dont keep shareholder updated and give them a reason to hold LT defies logic even if you have pilots going with a teir 1 company.
People say sell if you have had enough. Really I had enough the moment the 1 cents share placement was proudly issued.
For me I am going down with the ship and using this loss as a tax deduction. Normally I would buy more at this level to average down. But management has not shown me anything that warrants me putting more money into this company at the moment. Even though it seems that the shareprice is to good to be true.
If this turns around from. 005 good percentage per pip.
Surely managment could put together a roadshow demonstrating what boom2 does to get some fresh shareholds excited about the product. To me .005 price has the CBQ pilot as a failure. When its still alive and has a foot in the door with 2 of the 3 CBA businesses. You would think 12 months into a pilot that there would be some excitement and speculation around this CBA deal instead of the deafening silence, and the slogan You dont know what we know.
Would really like to hear some words of wisdom from MF!!!!
I reckon take the next CR off the table, and do a convertible note issue, offering CBA a chance to buy into IAM to establish some credibility back into IAM.