Ann: Non-Renounceable Issue , page-11

If these guys are really serious - they should take 60% pay cuts and limit dilution. I see that they will still take 200K AUD plus packages this year. The despicable raising at 1c a share is one of the lowest things I have seen by these fools - they have absolutely no respect for current shareholders - diluting you to the max such that they can keep their puffed up salaries. The more and more I think about it, the more and more contrived and stupid this thing is. These turkeys aint gonna see another cent from me. I give this company 6-9 months until it collapses. Happy to be proven wrong. But ask yourself, these turds could not get anything together in a fabulous bull market, what hope is there now. Could take 2-3 years to return to such a bull market - do you think they will last that long, and if so, can they actually make thing work on the 4th attempt. Doubt it. I cut my losses a while back. Sick of this.