Ann: UBN Director Resignation and Appointment, page-2

LOL Chief Evangelist, dear oh dear.

Why can't UBN cut dead wood once and for all??

More costs being incurred, a cap raising is coming again, and even though the full year report said it would be supported I can't see anyone continuing to throw good money after bad. Argosy must have regretted ever coming across this co.

They really need to report to the market how the "right sizing" is going and what is the level of costs they think it should be. On revenue of $5m clearly this co. can't survive unless it decreases to $3m and then they can never possibly grow.