Voting Completed, page-8

No Rebel is just doing what he's always done. Flip flops like crazy. Talking about $3 share prices as your justification for voting YES is just ridiculous. People talk as if the NS deal is going to provide an unlimited amount of funds to progress Reduit and Bodyguard when the fact is last year EBITDA was just $6mill,a massive decline on the previous year. This benefit of a few mill comes at a cost of $80mill which includes a $20mill virtually fully drawn loan. Some say the benefits of the acquisition are great, say there are so many but can't be bothered to explain what they are. Noone has been able to back up these advantages with facts. Just rumoured scare tactics that the board will otherwise leave. The 'expert' report says it is an unfair deal but reasonable on the basis that there is no alternate offer or plan. How convenient. Here's an idea, ditch the NS acquisition and have these secret private investors, waiting in the wings to get in on the Reduit/Bodyguard phenomenon, fund the rollout. If extensive Reduit revenues are indeed on the way, a $20mill capital raising would go substantially further than the $5mill a year out of the NS deal , a portion of which would have to go back to paying off the loan. The company never announcd Reduit specifically or Hairpods. What if they had focused on the his awareness to investors? Do we think shareprice would be 1.5c? No, we'd possibly be raising cash at 2.5c or 3c. No extra long suspension. No pandering to Danny. Follow the money is a load of crock. None of these new investors including directors bought in historically at much higher prices. No that's all us long term intestors. Sure share price might double, these new investors can offset their profits for a zero risk investment. We long termers however are just recouping a small amount of our losses. The question should have been, what are the alternative funding options as opposed to the NS deal that would give shareholders maximum return. Conveniently this hasn't been suggested or considered by management. Committee communication has been abysmal. I smell a rat. As investors we're being totally screwed for our rightful share of ownership. Directors know it, Danny knows it, but thats what a loose, open, uneducated shareholder registry allows. Very sad.