Ann: Change of Director's Interest Notice, page-29

@M3FORME -- What can we expect in the near future?????
IMO, I am expecting they will be making money like they said by next year for the full year. Not sure how things will go this full year results. They will pay back James Douglas. If they support him and hold out the can once more lowering his options price i.e.

Currently 0.13c/ps x 125% = 0.1625c/ps cost price.
If a raising occurred @ 0.08c/ps x 125% = 0.1c/ps (his new buy-in option pricing)
Or even occurring @ 0.07c/ps x 125% = 0.0875c/ps

Total cost price @ 0.1625 x 25,000,000 = $4,062,500
or @ 0.1 x 25,000,000 = $2,500,000
or @ 0.0875 x 25,000,000 = $2,187,500

$4,062,500 - $2,500,000 = $1,562,500
$4,062,500 - $2,187,500 = $1,875,000

Cost savings on the options could be substantial with support of a CR from the board. They would have to sell it right to the current SH because no one would like it, but Douglas could enjoy savings of $1,562,500-$1,875,000 which would be worth trying to manipulate the SP further into a range before executing. Or if they have no plans to execute it like that, then they might really have a plan to hit the targets, which stabilizes the SP and towards the end of the option expiry period he might buy the $4,062,500 worth of shares (becoming top 3/20 holder). That's why I was saying maybe they do have a CR on the cards for some reason with a surprise Acorn Capital on the sidelines as a new strategic investor.... and resetting the buy price of James Douglas options lower.

Either way. They should have more cash at bank by the end of this year. With execution of the options or revaluation and another CR (diluting those who are weary and don't participate).

Seems like a transition to Carbon Fiber products is slowly underway. If Carbon Revolution was going to do a IPO but scrapped that idea.. the support must not have been great. Looking at QHL performance as an indication. That's why they got Mark Burgess on the team. oneQuickstep underway. Changes business over and profits on the horizon. Will they try this last ditch effort to squeeze SH????? We won't know for a while yet!