Ann: Funding received from Dolphin Corporate Investments Facility, page-5

YPB's share price has flat-lined at 0.2c since November 8. If YPB's share price is going to move, it will move downwards as DCL receives instructions to dump more of YPB's shares on to the market if the ATM facility is going to make a useful contribution to YPB's desperate need for cash.

As of yesterday, there were 49 offers to buy YPB shares at 0.1c amounting to 108m shares, and only 2m shares were traded on that day but at 0.2c.

The reality of the DCL trade of 10m shares to return YPB $18,900 is that based on the September quarter just finished, YPB had negative net cash usage for operating activities of $446k-with 90 days in a quarter, that is almost $5k per day, so that $18,900 pays YPB's bills for 4 days. Far more important a measure is YPB's quarterly cash burn, which in the September quarter I estimated to be $812k, meaning cash burn per day was $9k, so that $18,900 hasn't really done anything more than a token gesture to aid YPB's serious cash problem.

IMO, with YPB's shares trading in the 0.1c-0.2c range, the ATM standby facility hardly making any useful contribution and with the convertible note issue still unresolved, it will be impossible for YPB to do another CR. Crunch time for YPB will come early next year.