Ann: Chairman's Address to Shareholders, page-7

In 0.001-2 purgatory now, and for the foreseeable future. Going to need a consolidation at some point in the next 12 months to move anywhere.

Risk of consolidation is that it can go lower.

Gutting for the Long Termers, feed and nurse the company while it struggled through it's most difficult years, put hands in their pockets to help it through all kinds of litigation, then get pushed aside at the prospect of the fast cash, and diluted out of sight. They are a speck in the rear view mirror of MEM now.

Interested to see the difference in the top 20 holders at next years annual report. Suspect Andrew Goodall may be the only one remaining on it come 30 June 2018. Will just about be a complete refresh (in many different aspects) for the company.

Biggest red flags on what was coming I could see, were the newest director buying $1,000 worth of shares in total back in Dec 2016. I don't believe he ever added to his holding at any point in the following 12 months to now. $1,000 holding in a company he is a director of! Alisons big sell downs as well.

Hardly instilled confidence.