Ann: Results of Meeting, page-19

Hey Scott,

Obviously you didn't watch Fred's speech at the EGM. He stated that the company ( not you and I) was sitting on $40m in tax credits.

I understand what has happened over the last 3 years. The chair reiterated it very clearly.
End of the day they could not make sales for several reasons, the most significant one being the legal liability that the company has hanging over its head and its poor reputation for fraud. A sale of the business would not carry those significant liabilities. At least 2c is something. Why would this new board convince local government customers to invest, when the company could be gone in any given morning due to a court ruling. They will waste the remaining cash on legals and still not make progress with sales. Fred doesn't even own any stock.

There is zero chance of relisting and the directors will pick up a shell with $50m in losses to write off against audio pixel wins. We have been defrauded again.