deep trouble

MAE is looking in deep trouble.....shareholders will be doing well to get out with the shirt on their backs let alone anything else.....

Directors failing to take up options clearly shows they are not positive about the short term prospects of this company and quite possibly long term prospects as well....MAE also was desperate for the cash that would have come through with the options....I suspect if directors are not interested in putting money money into this company that the bankers may rethink their position as well.....if the bankers pull the pin then MAE will call in the receivers next week...The shareprice is so low that any capital raising (assuming anyone was willing to put money in) would be massively dilutive and still only stop the ship sinking for the short term.....


No cash, no revenue (worth speaking off) and significant debt due next week, you would have to be delusional to still be invested here.....

Good luck..you guys definately need it!!