...and just to round out the UXC thinking... let's not forget...

...and just to round out the UXC thinking... let's not forget that Belgravia Capital (Geoff Lord family company) loaned INT $2.1M in Jan 2008.... he could still take a 5% stake in INT if he wanted to...38 million shares by redeeming his note, and another 38 million if he exercises his options for around $2.5M

2 January 2008
$2.1 MILLION FUNDING RECEIVED
Intermoco Limited (ASX:INT), today announced that it has received $2.1 million in return for issuing a redeemable convertible note to Belgravia Strategic Equities Pty Ltd, (Belgravia). The term of the note is three years and Belgravia have the right to convert to equity in Intermoco at a conversion price of $.055 per share within that timeframe.
In addition, 38,181,818 options have been granted to Belgravia at an exercise price of $.065.
Belgravia may exercise these options within a three-year timeframe.