Good morning ChimpboyFirstly addressing your post. The $2,000,000 is a business transaction between two parties in this instance between the lender (a Director of CCE which was disclosed) and the potential borrower CCE, your comment that there are other ways for said Director to put his money in is true but I think you would have found a negative no matter how it was achieved, secondly ( and you need to read my post a little more closely instead of fiddling with your cornflakes at the breakfast table ) my comment regarding funding said " in the current state of play" not how they received their funding and what they did with it in the past. There is of course a core of posters that will take a negative approach to CCE no matter what, I wonder how many take delight out of raking through all the media outlets to find snippets of news ( bad news because that is what sells papers) that would support their negativity regarding this Company. For those who remember Megafauna he made the comment that he didn't feel that there was any deliberate fraudulent intent and I also believe this, I think the board took their eye off the ball for what ever reason and made some stupid, erroneous decisions and no doubt shareholders are paying the price. I am sure that the board has felt the full weight of discontent from many areas and as such have adjusted their collective mindset to the task at hand and I would suggest that the board are fighting for the survival of CCE on many fronts, eg. securing Govt funding, trying to reestablish the brand and raise funds in a hostile environment, explaining its actions to ASIC, securing the best deal it can from TAG, ( and others that I may have forgotten ) while at the same time attempting to further the prospects of the CETO technology, attempting to finalise its current projects (Northern & Garden Island) and no doubt others that escape my memory. You cant unscramble and egg, whats done is done and make no mistake despite all of the above the bad news will keep coming for months ahead, you cant turn an ocean liner around on a sixpence. Every past and present hold in this Company have one thing in common and that is we all decided if and when to buy and if and when to sell so we live with our decisions. For those that feel so aggrieved with how things have played out there are legal avenues available which they may choose to pursue. Let me be so bold to suggest that if you have 1 share in CCE then you are invested in this Company so why would any investor not want the CCE to survive
Cheers
eel the board have taken steps to have indicated on previuos posts thatYou cant turn an ocean liner around on a sixpence, bad news will keep coming for months ahead
