Minutes of meeting, page-51

As Staz mentioned in a previous post on this thread, the $1 mill payment that was to be made from the SPP to increase Tritons share to 90% was supposed to be composed of two components, USD$75oK cash, USD$250K value in TON stock.

IMO it is almost impossible to think that this payment may have been made, with payment made and a milestone like that achieved an ASX ann would be warranted.

Looking at the creditors list, which IMO is almost laughable, most likely a few payments or part thereof made post SPP with a largish chunk eaten up by current management/staff leaving IMO +$2.5 - $2.75 mill in the bank at the time TON entered Admin, now add to the mix the cost of Managements highly paid hired "fixers" to date, both legal and Admin of say $250k and IMO still approximately + / - $2.5 mill float left.

IMO This is now a very costly, opaque and uncertain process, I cant help but think wether or not there may have been another far more economical and straight forward course for management to have chosen.