$447k is nothing to them. They are doing that to try and show...

$447k is nothing to them. They are doing that to try and show face and support the transaction. This is simply a cap raise to keep the lights on. If this was to enable access to more of the debt warehouse then it would have been double or triple. My issue (and its my own fault) is that i believed in what Adrian was saying all along. Hockey stick growth, the options are to reward loyal shareholders, Appstablishment and Greenshoots were worth what we paid for them. All of which was a heap of rubbish. Adrian is the only one that benefited from this and its all due to his pumping of his own business. I do believe in the business however, its blatantly clear that the business from a few years ago and arguably today was no way near where I though it was based off what Adrian was saying.

He might be good at IT etc (unsubstantiated) but he isn't suited to run a listed company.