It's cute to watch the cheerleaders but the real game is over. The usual next step with this kind of situation is the major debt/fund provider calls in the debt, acquires the asset/IP/licence etc. and declares that it is "proven" by a "test" in Australia. The "test site" is then closed down in Australia, and a new wonderful technology company with "proven" technology licence magically appears listed in the US/UK/Europe, ready to start all over again. The Australian company, whose shares are now worth s couple of cents max, disappears into a cardboard box in a serviced office. (Dropped in to see Cougar lately?)
Senior staff bonuses, superannuation rights, etc. are ALWAYS preserved.
Next bunch of suckers form a queue please!
CNX Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held