Ann: Appendix 4C - quarterly , page-6

Thanks for clearing that up regarding it may not be at one for 20 held. Regardless they are still raising $5m at 20c , lets say the conversion is now only one for 6 held because the current price is 3.3c the amount of shares on issue will be 457m shares instead of 137m shares at one for 20 held, market cap still at 20c post reconstruction still around $91m

That maybe cheap depending on sales growth they expect to achieve over the next few years, just all unknown at this point.