Ann: Sale of KORID Shares and Funding Update, page-10

Surely the only people that could be selling at 0.002 are the same people who are getting the Convertible Notes at a 30% discount to us shareholders. It's probably the same mob connected to previous capital raisings to be able to sell that volume at such a low price.

They have just raised $500k through the Korean sale, and are about to raise another $3Mil through the rights issue - so how can the issuing of a puny $650k Convertible Note at a massive discount be in the shareholders best interests??

Issuing those Convertible Notes is completely unconscionable, and an unnecessary destruction of loyal shareholder wealth!