Ann: Share Purchase Plan - Extension of Closing Date, page-12

I reiterate - the problem is there are too many mum's and dad's holding this stock and not enough sophisticated investors, a minimum 10/1 (100/1 better) consolidation must be part of the plan going forward, small holders must be extracted from their holdings, it has to get out of the penny dreadful category if they are to attract commercial funding.

They are NOT working hard enough, to put it straight just lazy because they can count on the small holders to stump up 'small change' every time they hold out their hands! How many mum's and dad's would be buying if the SP was $2.50?