Moderated, page-25

You'd have to know what the options where. I don't expect there were a lot. PIL was a company chewing through a lot more cash than it was generating and the future was unpredictable. From my experience this particular group of Financial Planners are pretty stereotypical and not extraordinary in anyway, fraudulent activity considered. Unfortunately that is what you have to deal with when your an unproven start up. It is simple your options expand as the risk is reduced. To reduce your risk you have to have proven fundamentals. PIL has a qualified Financial Report and is currently suspended from listing - the fundamentals are poor. It is hard to sell a story without something to back it up, that is usually when your Andrew Smith walk in. The fundamentals are building now but when these funding offers were on the table they weren't.