Ann: ECS to execute expansion plans following $4m Placement., page-78

I'm trying to assist you in becoming educated hence my suggestion to ask a detailed question/s directly to Nan and share your response. If you haven't got the balls, post it here and I will email her. I've been involved in companies undertaking far shonkier cap raisings. It is a natural human response to feel hard done by in a situation like this and without all of the information in front of us, speculation on what has happened is a way to cope and justify feelings! Seems like a waste of energy to me when all of the resources I.e. directly asking the managing director, are yet to be exhausted. If you ask and think she's blatantly lying but remain a holder it might be suggested that actually your own market awareness needs refining.