I think these short term extensions will continue for quite some...

I think these short term extensions will continue for quite some time.

There is no point in the banks calling in the loans and appointing receivers as they couldnt do a better job than the current board and the adminstration would only erode value not enhance it. While the currnet board are working away I cant see the banks calling in the loans , but i cant see any long term extension without capital raising, or a sale and in the case of a sale no long term extension is needed.

As always the reason its still going is because of the current board and their shareholding , its just such a pity they streat everybody else with such disregard that they dont even bother letting us know whats going on. Just the occasional annoucement " this has happended , we might be stuffed" followed by " its ok for now , but be to confindent"

You have to be strong willed to hang on. Feels like the death of a thousand cuts.

But I'm hagging on for now!