Ann: Debt Facility Arrangements Not Proceeding, page-17

interesting that people on this forum think the owners would want to purchase low or keep the share price down. From what I read the top 4 shareholders all hold 220M plus shares each and were really in effect "Given" them. Why would you want to keep the share price down when you can borrow cheaply against the value of these shares. If they go to 10c, which is close to what fair value would be around Nov/Dec then they are worth 22 million+ per owner, so it begs the question why would you borrow to get just 10M shares at 11% when surely the price going to 10c and borrowing against your shares at 4-5% would be a cheaper and smarter option. They all have owned them for more than 1 year so capital gains tax is half already and again it just doesnt make sense when they know the pot of gold they are sitting on already. just my thoughts...good luck to all.