mufc22,factfinder is of the opinion that cougar have their cash...

mufc22,

factfinder is of the opinion that cougar have their cash thanks to di so why market/sell the company to current and prospective shareholders.

there is a big problem with his view.

the cash from di will predominately be sourced via equity raisings.

IF there is something for len to market/sell then he needs to do it before the end of the year....this is when $30 million will be raised.

IF there is something to market/sell then start doing it and get the share price as far away from 10c as possible.

DILUTION will impact all shareholders wealth.

as for the cost of information, thats life and spending $500,000 on a website and having it hosted could possibly return cxy multiples on their "modest" investment.

also, i agree that it's not a good thing for len to be answering the phone.....if anybody has seen some of melbournes office space they will picture a 20'X20' box with a desk and a door in a building built in the 1800's.

cxy are a company capped at $100 million and they need to start playing the GAME.

and YES, all shareholders should start asking questions and demanding a lot more.

cheers