Stephen McGovern has an even larger direct exposure with almost...

Stephen McGovern has an even larger direct exposure with almost 46 million ordinary shares and options and he too invested more in the recent raising.

To me the important statement in the Linius response to its 4C statement is: "We have announced two deals and are focussed on closing more in the near future." This is the bottom line. I cannot prove it but all the circumstantial evidence is these would be with prominent global and well capitalised companies. If this happens, even the closure of one such deal would likely change Linius's circumstances greatly to its advantage. It really is a binary outcome with the three directors in the know and the rest of us sitting on the sidelines.

All the evidence points in this direction, yet those deals have not been closed. Linius has to close one of these deals and has a month or two to do it in.