Ann: Capital Raising Presentation, page-36

“Was 3.1 cents too cheap? The market doesn’t think so”.

I beg to differ.

They should have been raising money when the share price was 5 or 6 cents. Instead they just sat on their asses doing nothing waiting for some good luck to drop out of the sky. That’s not how you run a business.

You run a good business by being ten steps ahead, not ten steps behind.

unfortunately the board and management have been way ten steps behind.

The lack of buying since the announcement of the capital raising is unequivocal proof that the current board and management simply don’t cut it.