Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-47

That is sensible comment. There is a lot of abuse of management here. But where can management go if the market (current shareholders) will not pay much more than 30 cents for a share of ESS? At what price can they raise funds for further development? What is the dilution after raising sufficient funds to build a plant? Management have made a decision that the current course is in the best interests of shareholders. We don't know exactly what the strategy (hopes) of the directors is. Personally, I believe that they are on a high-risk journey. This still has a long way to go, and we will see how it pans out in three months or so. Here's hoping.