Janti I take my hat off to you good sir, your analysis of the...

Janti I take my hat off to you good sir, your analysis of the situation seems very reasonable. I am now down a significant part of my small investment in this company and have written it off this week to salvage whatever I had left to go drink away my sorrows.

I noticed in their company update they did today after releasing one I think only a day before, their cash position in October now states ~1m... this is after they have received all the money from the rights issue, con notes, Other debt whatever's they have shown in their annual report and the cornerstone investors money? Like usual they have no money in the bank, AGAIN. Their updated presentation is not even updated properly with other parts of it still saying 4 million in cash these guys need to get their act together.

So basically now it seems they are going to need new money again very soon or they need to boost their production massively from what it has been since ummm 2011 when it all started or they will be broke again. Biggest dog I have ever invested money in. I can't believe why it is even still kept alive other then making brokers, institutional investors and poor management richer.