Leadership., page-8

"staff costs are far to high for their receipts".

It isnt rocket science:

1) Explain bluntly to Robert Sofoulis that this is not a private company and that he only owns 16%, so stop taking director fees for doing NOTHING!
2) Require Smorgon, Cribbin and 2x Sofoulis' to step down as directors. What do they actually do??
3) Put the sales team on commission based salaries.
4) Find a buyer for Regal's line of stock.
5) Start marketing the bastard to a few people.
6) Start promoting the name in the industry so potential customers know who the hell you are.
7) Sell the MXO shares to reduce debt.
8) Re finance the remaining debt with conventional debt or get Pure Asset Mangement to convert to equity. After all they do own 48 mill shares as well so its in their interest to get the share price up.

Right there is a list of 8 things this company could do RIGHT NOW to prove they have the BEST interests of shareholders at heart FFS, DO SOMETHING FOR US SHAREHOLDERS for a change.....