80 fo 1 consolidation possible outcome, page-50

I do not like IJ `s comments at times but on what he states on this thread IMO is true.

IT will fall. Cap raising after consolidation and this needs alot more money than is being stated.If this technology is so good a big player should have control.

I have been around for 40 years so feel I have the experience to make this assessment.

I agree with the comment about the huge investment and faith put in by Palmer. He should be congratulated.
But since then no other investor has supported his investment. Just some very small trades.
Money raised is only start up capital. Alot of the deal is based on IF IF IF.

I will be surprised if AB gets off the ground. 10 mill already spent there and nothing. This was a low cost high return project.