Investor Update, page-281

No you just don't want to go back far enough to understand the source of the problem.

The refusal to understand why we got into such a colossal mess, is EARLIER than Diasource.

MUCH earlier.

Ask yourself what dilution and spending occurred Geoff Cumming was CEO and Richard Martin was CFO?

It's critical to understand this.

That was the golden time for ADO. We had so many promises.

We had dreams, we had all manner of interest. Over 60 companies testing ADO. We had the gifs of the dancing man, and the snowball that got bigger. We had Matt on the website.

We had colossal dilution and shareholders got exhausted.

We had dilution to First Cape and collapse of the SP.

I'm saying what was the link there? Did the shares issued to First Cape get lent out to allow shorting?
If so, did that cause collapse of the SP?

THAT. IS. DESTRUCTIVE. OF. SHAREHOLDER. VALUE.

THEN you can ask yourself what parlous state our finances were in. THEN you can ask yourself what was going on with governance.

I've spelt it out above. And elsewhere.

I beg you to stop making assumptions. The seeds of this debacle happened earlier.

Then you get Diasource, and what promises were made to them?

Isn't it possible that Diasource simply acted to protect themselves when they realised the promises of ADO (imagine what was promised about future revenue) was in fact, just hot air?

Still don't want to think about it?

OK. lol.