Time to Fix EGO, page-12

In my opinion, the ERM loan is what's holding EGO back. Unfortunately we will not know the progress of this until an agreement is acheived (apart from re-financing is in progress). EGO will not get the best deal if they have published everything to the public!

EGO now has a predicted revenue of around 20 million I believe it will present a strong case for credit with the banks. I think the whole take it slow attitude the board currently has is due to the lack funding. I am quite sure everyone in business knows that to speed something up, you need funding!!

I am in the agreement that we should have an independent board with no conflict of interest from ERM. There is only so much time in a day. How can deals, meetings etc be done effectively and efficiently when resources are committed to more than one company.

Consolidation, there is no benefit in reversing what is done. Let it be. I am happy to see daily fluctuations of 2-5% compared to 20-30% in shareprice.