Ann: Appendix 4C - quarterly , page-7

Mitis, thats the million dollar question. How does a company spend $476,000 on staff with no prmotion or marketing.
A break down of these staff costs would go a long way to appeasing shareholders because right now there are a number of them scratching their heads.
It does not make sense to me, this company does not do what it says it will do, it has no real contracts to speak of and probably then expects shareholders to bite their tongues.
Gerard is still getting paid while I am taking an absolute bath on the couple of million shares that I hold.
I could sit in his seat and cut costs, no business class travel, no corpoate credit cards, no sales staff etc etc

The newsletter probably bought time, but that time is now up, it's time to deliver or hand the reins to someone that can.