rubbery figures

Sorry Gdavid but you cant have it both ways either.

Your projections are flawed.

I did notice note 8....will not be anything near $8m at end of financial year.

Your whole income projections are based on financial year results which in the first year are flawed.

Anybody that has your statement can see that.

Now it seems you are reverting to insult instead of explaining the anomalies in your projections.

What makes you any different to the present board if this is how you handle issues?

What makes you think you can make this company meet deadlines that the preasent board can't, due to regulatary approvement beyond their control?

How can you project sales of 550 if you have no control over approvals?

How can you make enough product to sell without a capital injection?

Why put these figures in your projections if they can't even be met in the first year?

And you say the company doesn't need a capital injection.
You must know thats rubbish.

The only way VCR have cut expenses so far and so deep must be because they are treading water.
Sales might even be on hold.
They are probably on care and maintainance at this time till the find a partner.