re no response

I phoned aed yesterday to seek some clarification re the rights issue (other capital raising initiatives being considered)and (pursue other attractive development opportunities)

I am also still waiting for a response from management

These guys certainly like burning cash Why would you consider raising capital at 12.5 cents when the share price was .32 cents only a month ago.
The CEO may strongly believe the company has strong upside potential with a relatively low risk that will unlock value for share holders

Well having bought in at .30 cents only a month ago and now looking at a large financial loss i certainly do not feel that i have been delivered value for money - although if the share price keeps sinking as i feel it will then i guess there may well be upside potential at some point for new investors

i would strongly urge all share holders to boycott any capital raising in AED and apply direct pressure to management ( 096567800 Johm Imle )to ACCEPT RESPONSIBILITY and be held accountable for the financial position AED is currently in