Here we go again with further cash burn - at least another $125,000 in extra Director Board fees AND my experience in shares consolidation has not been good. OK so the shares go up in value (only in theory) but within weeks they'll drift down again and shareholder value is eroded, Let's face it, the shares at under 1 cent can't go much lower. Unless the Company can turn around it's losses (and quickly) IMO these shares will be back to 3 or 4 cents (0.03 or 0.04 of a cent) by this time next year. I'll be voting against share consolidation
Ann: Notice of Annual General Meeting/Proxy Form, page-2
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