Ann: Chief Executive Officer Announcement , page-14

I also feel the 2 news realeases were managed.... Bad (write down).... then good (production picking up, cost cutting underway).

But if I am a new CEO of a company that has over promised, under delivered and just bled loyal shareholders dry with a huge capital raising. I would feel like an incompetent dumb ass if I made a good annoucement like yesterday's (saying I'll fix this) and then 3-4 months later stuck my hand out to the market saying.... More money please.

So I am giving Paul the benefit of the doubt here.... and we'll see where we are in the months ahead.