Ann: Company Update, page-30

I think the action by HDY and perhaps the BOD keeping an eye on what is being said here on the VIC forum has led to the latest Company Update out this afternoon which is just a very simple statement : -

"Effective immediately, the Company would like to advise the market that it has mutually terminatedits corporate advisory and lead manager mandate with EverBlu Capital Pty Ltd.The Board wish to thank EverBlu Capital Pty Ltd for its support over the years. "

Shows what shareholder grumping can do. They are obviously very concerned about the revolt and and want to placate everybody and try to take the heat out of the situation.....so they move to take one of the causes out of the equation. Perhaps id Ellingford and Clee put in their resignations as weel then we might be convinced that they are serious.

Of course they (VIC BOD) may have simply run out of money and can't afford to pay the monthly "protection" bill.