Ann: Phase 1 Economics Updated and Improved, page-26

I don’t think any of the BOD can give me any information about anything that’s not already available to people. For example. Consolidation. Can they actually talk about that regardless of doing that or not? That information could be considered price sensitive..

We are not doing a consolidation?

We are doing a consolidation?

both those answers could imply future news and also it’s likely that the answer could change. Eg they say no we aren’t but it’s clear to me with all the funding required it’s very safe to assume more dilution and consolidation becomes a realistic option. Then after saying they won’t they do then that impacts the sp negatively and it also reduces trust.

The best thing for a BOD is to say nothing at all until news can actually be released.

The questions most of us have about finance can not be answered yet.

this whole notion of contacting the bod is usually a waste of time because they actually cannot answer the questions you want answered.

it’s also like calling a car salesman expecting them to not sell you a car.. that their job. Just like investor relations is to keep people invested.