XERO, MYOB, Microsoft Dynamics, page-136

I have to agree. I'm out for now. After being burnt by "lifestyle" companies in the past I swore I would never invest in a spec company with suspect management. I overlooked that this time because I liked the potential and with under a billion shares on issue it was worth the risk. Now with a possibility of 3 billion plus SOI I'd rather put those funds elsewhere and wait to see what impact if any these extra shares will have and if these guys can turn this company around. Sure I might pay more but it lowers the risk substantially and the rewards will still be there in the long run. Another company I used to have funds in now has over 4 billion shares on offer and is hovering around half a cent. A paltry one cent rise in the SP increases their MC by a massive 40 million so it's struggling to gain traction. I'm worried the same might happen here. As long as they can execute their business model moving forward all should be good but I would rather wait for them to prove that first.
Good luck everyone
I will be watching as things hopefully progress....