Ann: Quarterly Activities Report, page-49

Thanks Kcof. That's probably not a bad summary maybe for some of those that are still looking at this company and without any emotion affecting their decisions.
But, as a very long term holder, I believe that you are being exceptionally kind to this management, Exceptionally!!
Their sheer contempt towards their shareholders for every day that Laneway has been in operation and taking all of their decisions for granted beggars any form of credibility for their legal responsibilities in maintaining transparent and timely advice to its shareholders.

And their absolutely incredible dilution and destruction of any remaining value for shareholders, without complete transparent information to support their decisions, is probably bordering on a breach of corporate responsibility. Why haven't ordinary shareholders ever been asked to contribute to CRs, all of which have been soaked up by friends and friendly contractors, most of whom have dumped those shares for quick, sizeable profits, at the huge expense of ordinary shareholders?

Would you please enlarge on this paragraph.
"We have had some good people at LNY come and go. Part of this worries me, as the main shareholders believe this can happen and will happen, but our key staff to execute key projects are being poached, or getting bored as its taking so long. So how are we going to execute once the paperwork is wrapped up. Do we have a succession plan? An update on the details of how we will execute would be fantastic."
Who are those key staff who could execute key projects?
And, given what you have previously said in support of management, why do you need to ask what we have been screaming for for months? "Do we have a succession plan? An update on the details of how we will execute would be fantastic."

Maybe one of the reasons why CNs were issued instead of shares is that those who have subscribed for them are just as frustrated as you say you are and now want much more security for their, previously unquestioned, support of the company? The issue of those CNs raise many questions!!!