Ann: Xref successfully completes $3.48M placement, page-2

Kind of sad what's happening. I think it's a good company that is starting to kick some goals. The problem is they refuse to live within there means which in a couple of years time when they look like breaking even how do we know they won't put another few million into a new country and break even gets pushed back another 2 years and the technology moves on. The board really need to provide a pathway to surplus as from the outside they need to put more emphasis on business and less on party planning which is costing a bomb.