is there anybody out there?, page-30

Sure, BP is/was just a senile old man.
He didn't do any DD prior to investing & just threw $10m at the company for fun, notwithstanding that he stated for the record that he had a team do DD prior to invest.
Oops, perhaps that was him being forgetful again.
As for it being a "lifestyle company", that logic fits brilliantly with the fact that CLS and PM aren't and haven't drawn a wage and CLS has made a $1m facility available to the company.
CLS, through Dilato, owns approx. 57% of PO3; I'm sure he couldn't give a rat's about how company funds are utilised - NOT!