Cap offer, page-13

Was the call from PRL or Peloton Capital on behalf of PRL?

I received a call as well, it was around participating in the SPP and the persuasive techniques used were to provide information that was accurate but not timely.

Stating DC bought $500k on market at 10c, stating a mate of DC has tipped in $500k recently.

I think we all know the assets are worth more than the company right now. Yes we need to unlock the value, but I don’t think asking shareholders that have been burnt before is going to get any job done.

Unfortunately it requires a funding partner who will look at our MC and negotiate the best possible terms because we reek of desperation.

Now is the time for DC to put his hat in the ring with his mates and ask for cash - which is what he’s done and was successful.

Hopefully greener pastures ahead.