announcement out-directors participated thespp, page-2

The SPP was to be capped at $6 Mill to be raised they only raised $2.3 Mill or 40% of what they were aiming for. Severely undersubscribed.

Big question is how long will $2 Mill last?

Results better come asap ie end of June as promised otherwise this could be a quick ride to the bottom IMO.

PS i think the combined $45 K the directors chucked in was at best a token gesture given thats about 5% of their total salaries. If they start buying ooodles more on market then I would think people would have more confidence. I think they were obliged to participate, imagine if the SPP closed and they didn't buy the SP would be 0.1 cents on open