1/ Yes? You don't think Euroz would support them if they can demonstrate growth? You don't think Euroz/retailers or any other broker would give them $1m-$2m at .001 and take a boatload of free options, exercisable, at say, .003? If you aren't familiar with the type of deals that happen in the asx then I don't know what else to say to you. The company is not in dire straits. Shareholders are.
Now I'm not saying this will definitely be the case. Will have to see if they can demonstrate growth or if they will shake down shareholders at the lowest possible ebb. Let's hope not but who knows?
2/ Yes. Revenue has been somewhere between $130-200k maybe some were higher, I can't remember. Now, bear with me...I'm assuming that the product/delivery/marketing has been improving over this time, and that management will be putting in serious effort to shore up some sales, and not kowtowing to CBA or some other behemoth.
Could you possibly share your vision for the future of this company, in a kind of - factual way, without the wallowing and misery and jibes?
IAM Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
