Ann: Appendix 4C Quarterly Cashflow Report and Commentary, page-75

I must have to admit that if i researched ALL aspects of the business good and bad a lot closer i would have chosen NOT to invest...

We all can be swayed a little by pumping Ann's like "worlds first' and "global rights" sales of $3.8m ect ect...
You look who they partner with and you just give it the benefit of the doubt because multiples always gets you going somewhat...

Most i would assume have been bitten before and it really does seem that the DR is just another head of a bunch of "inners" that know how to play the game really well...

The part i struggle with apart from the above (where we can jump in to hard to fast and very quickly be underwater and feel trapped to ride it out)is i never knew that the company lost a court battle and have to pay compensation and loans were carried out and other arms of the company are being propped up from our money....Now knowing that loans and compo was due then the pump and dump that has occurred really makes sense and i cannot blame anyone but myself for getting hoodwinked by the DR....

Nothing except an extraction of cash has been raised by mum and dad investors that have basically been led down the garden path...
What will be the next push to bring in new investors so the old ones can leave?

Good luck all