If people only want to see with Rose coloured glasses that is...

If people only want to see with Rose coloured glasses that is their choice.

Just on a side note, Cannington and Miller only needed to sell 4.5m at 3.75cents which would have been $168.75k. Converting 5.5m at 3cents is $165k. This means they get to keep an extra 1million shares. They decided to get $37.5k "spending money" on the side. Even this move I would question.

Borrowing $300k against $5.124million collateral is 5.85% LVR. A reminder of the salary and fees that Cannington&Miller charges the company:

I would bet that all travel and accommodation expenses these founders/directors rack up is also paid by the company which is NOT disclosed in the table.