Hi GoldHammer You dont have to look far for answers just check out the 2012 annual report pages 13,14,23 and 46. Read and weep. Check out the blowout in Admin expenses and Director/employee benefit expenses, paid for the 2011 financial year and the 2012 financial year. Admin expenses blew out from 215k in 2011 to 1.974 million in 2012?? Director/employee benefits and expenses 1.3 mill in 2011 to 2.07mill in 2012. Unfortunately those numbers will again blowout in this year. Meanwhile our share price has gone deep into the crapper. Checkout how many 10s of millions of free shares and options these guys that are bleeding us dry get gifted each year and what do us mugs get in return??.In the same time period. A massive dilution of the company with no cash left,and a share price that has dropped by more than 400% .
TSV Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
