Current Directors Performance, page-17

The BOD obviously had no idea cash was running low and contractor debts out of control. No excuse for any BOD.
If they knew about the financial issues they would never have recruited the new Directors who were out the door quick smart.
Spending levels on salaries, fees etc seem to be way out of 'sync' given there has been no business to run and consultants eg Treadstone have been employed to advise the BOD and do all the meaning full work. This alone is a reason the BOD should be relieved of duties.
.... then add to that reason the fact that most holders want the LLL shares returned.