Ann: K2F Appendix 4C - Quarterly Cash Flow Report, page-18

Only 100 million shares issued before option and under. Righting it was 65 million shares able to be traded and bulk tightly held one shareholder 10% so they are hard to buy on the up and hard to sell on the way down take a company particularly. Mining they are always capital raising some. Under 5 c have a billion issued shares . Then one day they have to bight the bullet and consolidate like HWH did a 10 to 1 so your 6.5 million shares become 650k this area of cashflow and cash requirements and shares issued plus options require critical examination before investing . Lately companies pre capital raising SP is between 50% to 70% after wed jet , NAB etc SP after Capital raising of the ones done over the last 3 months SP pre CR $3.00 after $1.50 I think NAB pre CR was $14 after CR share price $10 but K2F was over subscribed by in one by 1/3 I went for $50k worth ended up being scaled back to $32k the option call up was solid given another round in 3 weeks I took up my 250k and everyone I new took up there quoter