Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-21

staff costs and admin = $1m per qtr

turnover $152k/qtr

says it all doesnt it!!!

can't see any hope for this - will need multiple CR's but with the take up rate and the relatively poor turnover achieved to date can't see it working.

if next CR fails then PIL on its way out.

executive wages should be cut to give the company some hope especially seeing that the execs are only involved in financial arena and not software devl so what are they really bringing to the table!!!!! case of greed? or getting what one can out prior to potential demise??? surely even exec must be questioning their decisions and the way this is playing out but keep on putting their hands out for what IMO are overinflated salaries at companies and SH's expense.