Yes, looks like Brian is covering his own backside well and truly with a fat buffer. $500,000 earmarked for 'corporate & admin expenses'. I think that says it all. No firm commitment from Directors either. I made a mistake here.....you rely on management to stay true to their word regarding 'non-dilutory' sources of funding and then in virtually the same breath you get this served up. The man is a liar.
Ann: Non Renounceable Entitlement Offer, page-12
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