Ann: Australian Market Update, page-117

Wow - this looks sick. Lost all credibility in the market, and still trading at a hefty premium to cash backing.

Now hitting 3.5 year lows. I am pretty sure the entire thing was recapitalised at 20c when it was just an idea. Then you have the punters who took part in the cap raise at 50c and at 90c - what a disaster.

Unfortunately only people to win hear are management and execs who have ripped cash and stock bonuses out of it over the years at the expense of the genuine investor.

Looking back however this has been clear for a long time and the only other conclusion one can make is that this is going into the 20's.

Sad state of affairs