Ann: Antilles Gold Entitlement Offer Closed, page-6

Just as expected - a poor uptake, even at this absolutely decimated sp level - perhaps an indication of lack of trust in way over optimism by management - thus good reasons to abstain?? Other companies have had cr's too - often oversubscribed.

Out of the low level raise $500000 is already spent on salaries and admin - they sure know how to spend despite low uptake - you would think a massive haircut would be applied??

Cornerstone investor is yet to show their money - 'the company intends to supplement...' - the cornerstone investor may have other intentions thus may stay away in the corner.

Equipment sales yet to show figures actually achieved.

So, overall lights are kept on for now - should turn them down to help with savings. AIMO