Actually, it means the shares havent been issue, but the money...

Actually, it means the shares havent been issue, but the money has been paid, and the the shares MUST be issued by the June 2008 date.

Only question would be, why hasnt Maylord taken the liquidity in the shares so it can at least trade them, and what happenned to the second $1m as per the announcement.........? Is there more cash coming, or does this signal a crisis?

Is this why the company is off the boards, and, if so, who's doing what about it? I was at the the EGM, spoke to JK myself, and no indication of this as an issue came up - even though I specifically canvassed funding.

Unless something else positive is coming up, Im piss@#d at this.