Myronc,
It's called being a realist and taking an objective view. Right up to the announcement of an administrator various people were singing the praises of management despite the share price chart (have a look at the five year chart and the number of shares issued by he company over that time). I have been guilty over the years of believing the company hype, hence my now clearly insanely large investment. I read the financial statements and blind Freddie could see the ridiculous dilution occurring over the last couple of years....too late for me to get out though.
With over $600k invested OF COURSE I want the company to succeed - joining the cheer squad is not going to make any difference though. That is why I contacted Mr Combet's office and the Qld government directly requesting their assistance in funding the company and technology, and why I have contributed to the syndicate.
This doesn't mean I don't see he writing on the wall. There are ONLY two entities come forward with options for a DOCCA. One will likely leave shareholders with nothing and the other may find it difficult to raise sufficient funds to succeed.
I don't take any offense to your comments but I am trying to take a realistic view of where this is all heading.
I don't know where it's heading but I do know that despite the efforts of many people it is largely out of the control of shareholders which after this long is not a good feeling or outcome.
Regardless I hope a miracle occurs and the company survives long enough to win a contract and stay afloat.
Good luck all.
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Myronc,It's called being a realist and taking an objective view....
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