flows and capital raisings, page-4

I agree with your thoughts and I'm sure most holders share similar sentiment.

However, the thing to remember is this that they are trying to do a huge capital raising. With everyone feeling lost with regards to their investment, who in their right mind would want to fork out more if they thought they would lose that aswell?

I will need to fork out just under $50k and I can tell you that it certainly won't be happening based on our current situation. I suspect most will feel the same.

I do believe management have something up their sleeve. Most likely it will be an announcement of substantial flows to get everyone keen again and instill belief that the tide has changed and it's finally all happening. Only then will existing investors fork out more of their hard earned cash.

It is certain that something positive will be announced. Even if they don't have anything positive (eg. flows are poor, or don't exist for whatever reason), they will still announce something with a positive spin to create interest in take up of the RI.

The company's future relies on it's ability to raise capital in this RI. If they fail to raise cash, Fortis will shut up their candy shop. I am sure that raising cash is a condition for Fortis extending the due date for outstanding debt.