Ann: Loan facility variations agreed with RCF , page-4

RCF isn't anyone's friend. How about the $105k fee on extending the $3.5m loan. I also see they didn't budge on taking shares for the $3.5m.

I do think it's management's last chance though, they've hocked the credit card to it's maximum and even RCF will have a limit.

If they can't get the $3.5m plus interest back to RCF by June 30 (by whatever means possible - bank loan, cap raise etc), the good old boys at RCF could take the lot.

Book a seat at that meeting, questions need to be asked.

P