Ann: March Quarterly Activity and Cashflow Report, page-5

It's the boards business not shareholders. The cashflows are structured accordingly imo. Openess is an optional extra Roby decides to use at his discretion when it suits.

For instance Brett takes a 'paycut', compensates it with shares and then just so happens to be getting a 6% cut on 'funds raised'. So, will Brett have actually received less cash from MXC over the past few months, or will the 6% fee more than offset any reduction in wages? Effectively getting more free shares and no reductions in cash received?

Roby and Brett took a nice 'R&D fee' last qtr through GraftPolymer to ensure personal cashflows remained healthy.... right before they hit MXC holders up for more cash.

It seems they can't even produce a decent gross profit margin? Won't matter if they bring in $5m revenue in a qtr if it costs 95% of that figure in 'cost of sales'.

How long before they're putting their hand out to raise more funds? Brett can smell another 6% fee already.