Hi AllA few of you are mentioning "venture capital" etc....

Hi All

A few of you are mentioning "venture capital" etc. Remember,
as someelse has suggested, they can't go over 15% without shareholder approval. So if the maximum is 15%,at current prices, it will still leave them well short of the required cash. Which me brings me back to my point about Fiduciary Duties to shareholders. How can they return our cash and then go in search of other cash at probably lower amount per share? It is immoral, unethical and it is illegal.

But they know this. It is a done deal. The technology will be sold for peanuts and you will get a fait accompli choice. Eithet this or bankruptcy.

The warning bells were there when they announced the capital raising with a gun to your head. In other words, they fools always knew that shareholders would not support them. Actually they are not fools. Smart piggies with bloated fat stomachs with shareholders money.

If only we had an independent regulator who was willing to look after shareholders! These guys belong in jail, not custodians of shareholders funds.

Regards


Pear