Ann: Change of Director's Interest Notice - Meir Moalem, page-5

So with this dilution (and the two in jan) the directors’ ownership reduces to about 30% all three together or a little less? They will no longer control the board or be able to strong arm further raises. I could see this lack of control being a requirement for whoever this $5m institution is plus the alleged soft book.

if sas live through this it will be a very differently managed company.