board answers from conference call, page-12

Be nice! I'm refering to legal, regulatory and compliance costs associated with SBN's legal structure and other costs associated with maintaining a listed entity in Australia. The most recent announcement says this figure was $413,000 for the ten months to 31st May 2009.

For a company with only $440,000 in the bank; $50,000 of remaining liability, and (non-doubt) one-off costs associated with any regulatory shutdown, there isn't a lot of time left.

Let me also say that when the company says they will be in no hurry to wind this up, I personally don't believe them. The whole affair is a blight on the lives of everyone associated with it, and I'm sure all those concerned will want to get this behind them ASAP.