IBX 12.5% 7.0¢ imagion biosystems limited

Ann: Results of Meeting, page-6

  1. 748 Posts.
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    We need something to happen.

    With support for all the other resolutions they went ahead and cracked the seal on those c-notes to their Mercer buddies. So the option of last resort has become their first resort?

    On current trajectory we have epic dilution, and ever-increasing expenses.

    Given where our MCAP is and the prospects for revenue (other than tax rebates...) it could be argued that we're spending far too much on personnel at this point.

    What do we have to show for it?

    The days of easy cash are over. As evidenced by the SP. They need to adapt, because their status quo is driving us into oblivion.

    GLTAH.
 
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