Ann: Proposed issue of securities - IOU, page-25

If you voted for everything (except the 200M shares) it would add 25% dilution (approx 150M shares issued). It would not double the amount of shares on issue.

If you are registered as a sophisticated investor, you also could participate. But tell me who would want to invest in a company that is trading and may not yet trade again? If that happens then it is all for nought.

Not trying to dissuade you. You vote the way you want, but chopping off all funding makes no sense to me. Giving them some funding ensures we continue.

Don't forget you can always attend the EGM yourself. Do that and you can ask them all the questions you are addressing here and get answers directly from them. If you haven't attended before, perhaps you should consider this and get answers first before voting