What is Mike Pivac Doing? Something? Anything?, page-214

Its already the end of 2020 more or less.

Since putting the HX into action publicly in July, FBR have failed miserably to attract other builders and builds to further provide commercial proof. The CEO has signed zero deals. The major "Partner" does not exist to FBR with zero mention in the Anual Report and no proof of further colaboration in any form. The three month time lapse collaboration with GP Viveinda in the block testing stage outlined in the pilot program has expired with zero communications and results.

It puzzles me now why Mike would put himself out there with his hand out for 100 million loan shares; With his well established reputation of the over paid CEO who has produced zero commercial deals, Flaked out with the worlds biggest machinery manufacturer CAT, turned his back on Weinerberger with no bother of a mention of them in the 2020 report. Now he needs "Incentive" shares in the hundreds of millions, all the while the dilution of the rest of shareholders continues.

There are NO solutions - Only alternatives....

Now, Mike may have a huge deal waiting that will bring this company good revenue streams and good fortunes into the future? With a plan to manufacture machines here in OZ to make this nation at the forefront of robotic technology exports? SO THEREFORE LOAN SHARES ARE VALID TO AVOID CLAIMS OF INSIDER TRADING IF A BIG DEAL IS MADE IN THE NEAR FUTURE?

OR? There is little positive for the short to medium term, He is just confortable being paid to do essentially nothing, because being on the ASX allows it? Happy to be in R&ND, with all the government grant perks, all the while building his own wealth through cash raise after cash raise, dilution upon dilution, until "something" better comes along.........

What are the Alternatives???? Because naturally there are NO solutions......