near the end, page-17

Hi Highlanda,

Let us be honest. Even the best and most respected of scientists, will have difficulty seeing their research in a purely objectively light. Let alone being able create models and make deductions which are free from social bias. We are all human. Taking that into consideration, perhaps management have opened themselves up to ridicule.

For example, Kiddle and Meehan took up an additional 1 million shares each at .005 in the capital raising. However, the majority of mum and dads, who have bought into INT over the years, would have each outlaid, at the least, an equivalent dollar amount. And, that is whilst they are probably surviving on one fifth of the salary.

It is their own decision, but these mum and dads have also taken on more risk than Kiddle and Meehan in the sense that they do not take part in the everyday operation of INT and thus, are subject to an information deficiency. However, Kiddle and Meehan keep harping on, in what seems like every announcement that they have taken up additional shares.

Yanlin - The 4C says that INT has a 375k loan facility of which 375k is used. The 4D says that bank borrowings stood at around 385k of which 30k has been repaid. Whatever, the figure, the liability has been around for about 6 months and is in the Current accounts. INT will need all and more of the 1.2 million in cash they currently have, in the next six months.

Anyway, INT only looks good for a short term trading at the moment. No doubt the new 'long term' investors on the register would have had a good little chat both between themselves and with INT management. The plug for a new Tasmanian contract was probably only to cover their arses and not an attempt to mollify shareholders, whom they hold in contempt.

All this is simply opinion but trying to be objective.
ididwork.