Ann: Accelerated Non-Renounceable Entitlement Offer, page-39

I like to Challange my investments it keeps me from being a forced investor and stuck like most here.

The way I see it is simple: if a company’s management is so great and its products are so great, the stock should at some point reflect those fundamentals. If strong fundamentals are not confirmed by the stock’s price action, the future may not be as bright as it appears.

Strike: no reserves no cash flow $131M

GLL: no reserves no cash flow MC $120m

AJQ: cashflow & confirmed reserves MC $50M

so to get to strikes valuation witch we should easily be valued at would be armours shares on issue = 405,000,000×0.33c =

$133M

So ask yourself why won't the market pay up for AJQ