the real problem here is that the board has a vested interest in ongoing capital raises because one of them directly makes big dollars from doing so, while all board members rely on injections of new funds to keep paying themselves exorbitant fees and salaries. The CEO is on more than $1 million per year IIRC!
IMHO, DYOR etc
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- Ann: Quarterly Update and Appendix 4C
Ann: Quarterly Update and Appendix 4C, page-37
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