Ann: Renounceable Rights Issue , page-4

I WILL be contributing to the rights issue.

I have confidence that the current management have been working hard to overcome the problems left by previous
directors and that this rights issue will obviously place the company in a much stronger position to go forward as they are trading in a "cash positive basis".
Of course the situation does not look perfect but they are in the right business for the future as we all know the majority of work business commerce banking etc etc will take place on the Internet and as petrol runs out many people will have to work from home, web pages and the updating of systems and controlling of data will become one of the major industries in the future therfore experience companies like HYRO will have a head start.
Once this rights issue is over and the company is seen to be in a "positive net asset position" I suspect the market will start to take an interest. There is some risk with most great opportunities.