Speaking of confidence, we have some good examples. Apparently one investor (let's call him Mr X) has invested somewhere between $450,000 and $500,000. Another investor (let's call him Mr Y) has invested somewhere between $1.3 million and $1.5 million. These men are very confident.
Until now director Giles Everist has invested not one cent. He is now lashing out with an investment of $30,000 at 1.6 cents, presumably with a sub-underwriting fee to soften the pain. Now that's real confidence.
Ann: Dispatch of Offer Document, page-19
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