money constraints, or just poor performance?, page-11

Hi Routine & others, I too am a long term holder like yourself,
I applaud your research on past reports & CEO bulletins comparing
what has been their forecasts and what actually eventuated.....well
thought through.
I wont be attending this years AGM but can I suggest that if you
yourself are, then when questions from the floor are invited that your
post be read out or by someone else as this is quite the sentiment of
many small holders and needs addressing satisfactorily.
I think most agree the need for capital was needed or insolvency was
the next step as indeed pointed out quite bluntly by TOD the chair
which would have share holders left with nothing, not that this excuses
past performances and milestones not being reached leaving us with
dilution or death or as some would say death by a thousand cuts anyway
for the former and not to forget the need for further funding in the
development of ammo amongst other technical objectives yet to be achieved.
I guess conspiratory strategys by competition will always abound as to the
holding up of getting to market being a cause of financial woes let alone
the possibility of competition seeing now prices attractive enough to give
offer of buy out........I dont know.
With jut over 1 Billion shares out there and SP at around .012c for the moment,
there is a hell of a lot of ground to be made up, it does make one wonder though
if a class of share system where the longer one holds his shares the more value it has
than one who trades say daily would'nt be fairer...... ther must be an algebrac formula
out there for just such a need?
Once again congratulations on a fair and well thought commentary on the history.
Cheers,
mrdog.