Anderson told me that they had to sell because they had a...

Anderson told me that they had to sell because they had a concern re doing business in Argentina.

Thomas said that they had to sell because they only had a tin shed and a few ponds. What he did not say was that he was in negotiation with Charge Res re a consulting job.Looking after his own interests instead of shareholders one can assume?

The company secretary said they had to sell in order to survive.

The Chairman said that they had to sell in order to pay outstanding bills to Besalco.

All in all they had an excellent opportunity to make themselves and many of us rich but guess what...they stuffed up big time because Phil and the Board did not want to do a capital raising when the shares were 60c ( for 6 months mind you).

Only one Board member (Thomas ) gone! They all should have been sacked in my opinion. Wealth destroyers some might say??