Stratmin Meeting 7:30pm 29/07/2016, page-9

Guys now i will apologise if i am wrong but the more you look into this the more it is on the nose

I posted the line below on the 3/6/16

They have projected $275k CASH BURN next QTR =  NEG $111k by JUNES END

If you look into the June qtrly you will see that BSM supposedly Have $166k cash at hand which i cannot deny they do have,

but look a little closer and you will see they took out a loan from somewhere to the tune of $480k  to show that $166k cash in hand

talk about smoke and mirrors

So without that borrowing @ junes end they would have been showing a negative - $314,000

So before they start at some stage from this recent CR debacle there is a negative $314k deficit to catch up on, outstanding from the last qtr debt

So close on 3 times what i predicted in my june post

make of this what you will, and i will stand being corrected and apologise as i said if i am incorrect

And i also got my answer with regards directors buying

talk about one and all in the trough

but i wont go into that i think even the hardiest of supporters have now seen through this CR

Have a good wk/end