Wouldn’t suprose me to see them say If we raise additional funds...

Wouldn’t suprose me to see them say

If we raise additional funds via this capital raising/ last rights issue

The money raised will pay will
Provide working capital for amoungst other things provide the focused professionals with more salaries
Pay off all outstanding directors fees and advisory feees for the insiders
Partly pay off accured interest and part of the capital balance for the secured creditor - effectivley reducing the major holders exposure

Savage dilution but gets them paid backpay and reduces the major holders exposure in his secured loan

Good for them but savage dilution -

In conjunction with the balance owing to the secured creditor being converted into equity

Savage dilution resulting in major
Holder basically getting the entire shebang

And sold as- we are so close- at the end of this deal we will be debt freeeeeeeeeeeee and the focus group will
Continue to build this business which is in a market that is soooooooo huge

Then when it makes money- it basically goes all to the major holder

The. Do a major consolidation and point out look- we are at 20 cents!!!


And if the market doesn’t stump up to satisfy them point out the risks!!!!

- the major
Holder just puts in into receivership, does a debt for equity swap for what’s owning plus interest plus fees and get the business anyway

If a business was how many capital raisings they could do in under three years and how high they could lift shares on issue from float they would be a Fortune 500 company

Spite speculation and opinion not advice

I’m Sure the team have it totally under control