Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-24

You are delusional my friend.

How long have they been in business?

10 years you say. Show me any other business that has failed to make a profit yet continues to stay in business.

The story will conclude very shortly one way or another.

The company will NOT be able to raise capital in the market. Perhaps you and some other foolish gamblers might be prepared to throw more good money after bad but not enough to keep the lights on for much longer.

Fred will need to deliver NOW or face the music. The ASX is watching now and they do have some obligations to protect retail shareholders.

10x