The most glaring issue from the report is the fact that they are...

The most glaring issue from the report is the fact that they are burning roughly $300K a month. With current reserves and the $500K from Geoff Lord, they should be shutting their doors by the end of March/April unless something drastic happens.

I feel for all who bought during IPO, its not fair the way this is transpiring and if it does go down the same path as RCR Tomlinson then someone needs to investigate the previous capital raising. I know these are drastic thoughts or even events but it will be totally unacceptable. I am hoping that someone comes along and decides to take it over but if I was going to do that I would sit back let it fail and simply pick at the carcass. 

The other issue I have is WHO caused the share price to rise over the last few days? The price rose 2.5c and then the bad news hits. A conspiracy theory, but hey lets go up 2.5c and wipe it out post announcement. I dread the day the stock goes into a trading halt...........