Ann: Renounceable Rights Issue to Raise up to $2.8 million, page-2

Why are we doing another entitlement offer? We don't need more money from existing shareholders, we need new shareholders!!!

This is another example of how ill-equipped the Carly board is to run a listed company.

For a tech company to do well on the ASX it needs two things:

1. Growth

What's the plan? How can shareholders be confident that the next $2m will be better spent than the last $xm?

2. Enough market presence so that retail investors will buy shares in response to good news about growth.

What is the company doing to engage new investors? Do they have an IR firm? Does Chris talk to anyone outside of 'a current affair' and his top 20 shareholders? Would love some answers from the company on how they plan to better engage the market.