Ann: Spirit secures $5million investment in Convertible Notes, page-11

Yes guys, weekend_cook is quite right. And spider5, I agree with you that it won’t be an easy ship to turn around. We are all speculating on ST1, it has had sone serious problems. Still, I feel there is at least a chance of it being turned around. There’s a decent existing customer base, cyber is an exciting exposure at present (it’s why I’ve invested) and some of us rate Julian highly, whether or not he’s pro-actively putting his own skin in the game.

We might well lose it all! But there’s substantial upside if it DOES turn around. Which is the very nature of a speculative investment. I see a few things to “hang our hats on” here. But yes, we are speculating.