G'day 6699,
If only I recorded the telephone conversations with the snake when I took a significant stake in the rights issue last year! You really had to hear the passion he expressed for the company along with his misleading statements. How he slept at night is beyond me! Anyway, he may very well end up behind bars so this could be just the beginning of the pain that lies ahead of him. What goes around, comes around !
As for the company, I believe it can still be turned around quite quickly with the right management team. It doesn't change the fact that we'll be diluted by two thirds though!
Cheers,
xmagx
AWS
australian waterwise solutions ltd
