Ann: Trading Halt, page-368

I agree that it was the foundation announcement that management made which was the biggest mistake that, in essence, leads to the current mistrust issues. And the now known dubious communication style of Nick. Ignoring that announcement for a moment by any other measure the growth of the company had been enormous culminating in the announcement of a positive cash receipts position for the first time in the last 4c. As the company continues to rapidly grow this position was always going to be challenged short term purely because you have to invest in costs before you receive the revenue resulting from these costs. The position is going to be lumpy in the early days, always is as new large contracts are secured.

I don't think we'll receive adequate explanation for the need for such a large placement tomorrow but I am now very confident this will become clear in time and I do not think that too many still invested will be disappointed. That is just my view.