Precognition

Ratings for my past considered postings were heading north then the gatekeeper appears again - someone close to FAS has a bee in their bonnet. No idea who the post could have defamed just an opposing balanced view to the constant ramping by one particularly poster, past actions by management have been repeated again and again.

A temp loan of $150,000 with a lowly 5% pa interest (100% in the past) from affiliates of Creafin with security over the "Company's assets" is very lowball indeed.

This deal will enable the auditors to sign off on the Annual Financial Report and that the Company is a going concern. Again, I will be very surprised that the 1st instalment of the $800,000 weekly tranches is forthcoming based on past performances.

I look forward to the AGM and the following 3b releases.

Please have a look at all past SHIP capital raising-mandate deals by this team and decide if this deal is any different.

I hope I’m wrong, just sharing my thoughts. Déjà vu.