Debt Restructure Announcement Maybe???, page-30

They should be raising their money from existing shareholders at 35 cents not 25. They have devalued the company by 33% in the stroke of a pen. Existing shareholders could have bought to retain their existing hold in the company whilst retaining value in existing holdings.

This outcome has been on the cards for a long time and you can be assured that the financial players supposedly supporting the company have been responsible for devaluing the value of the company.

Reduce the number of shares on issue by 7/8, and promote how good the company is performing whilst driving down the share price to 1/3 its value on consolidation. There was always something sinister going on.