I hear the argument of the Board managing like an ASX. 300 ,...

  1. 1,457 Posts.
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    I hear the argument of the Board managing like an ASX. 300 , stick to the strategy etc but we are pretty much as shareholders diluted to oblivion, again running out of funding runway and still not a single upfront development payment or contract signed.
    The Board appointed the advisors who have completed some of the most dilutive down raises in the market, allocated a huge amount of free carry equity to themselves and management despite the poor performance of the company , have not secured one partnership payment from any of the so called partners when another start up Somnocharge with on paper less proven tech than us in the same space secured from Chinese and Japanese auto manufacturers $35 million.
    Let’s not confuse consistency with arrogance !!!
    The promise of the technology is what keeps me here but really big news for this quarter one extra non executive director for us shareholders to fund.

 
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