Ann: Expiry of Convertible Notes, page-9

I voted against the extension, as I believe they needed to show they could do a deal, before being handed a free look for another 6 months. Interest wasted for nothing. We had the cash at the time to pay them out. All they did was create an overhang and another way to downtrend the price. Bugger me, they will probably acquire something now and get in on a raise at 15c and tell us how good they are at adding value.

Rinse and repeat.