i have read all the posts recently and the hype and self praise...

i have read all the posts recently and the hype and self praise on each others great posts and how great management is. and all the rah rah rah

i am relieved the company has got money if these mac crowd can perform, your great management didnt even bother to tell us how capable or creditworthy they are and forgot to put in the competent person statemen. so much for competence lol

as i have correctly pointed out the company was obviously very low on cash. most of you didnt agree and tried instead to ridicul me. gazzat your previous posts that they have 12 months money in the bank seems even to be forgotten by yourself, so much for your credibility to.

and also gazzat - "But then maybe easterbunny is right and their planned cash outflows this quarter was incorrect and totally understated in the Quarterly and they have used all the cash?

If that is true then only more questions arise like who is easterbunny and how did he know? Is he an insider? I don't buy the "Their expenditure last quarter was so much so this quarter must be the same story! There is more to it if in fact he is proven correct."

gazzat i am a shareholder not an inside trader but i read all the reports objectively without colouring my views. i explained very simply how i arrived at my view in those posts, i believe them to be correct and until i am proved wrong which i have not been then i wont accept your biased view and certainly not your pastings on your posts without me replying.

gazzat another fact for you comment "Very impressive placement. Seems to show the quality of the new management is a lot higher than the previous. "
most of the management has been in place now with only 1 new director and ceo coming on over the past year. we were promised a long time ago things were happening and i expected the share price to rise a lot before they made a fundraising like this. it amounts to huge dilution based on earlier share price and even if you see it as a premium to current price then you are out of the tree, its a huge discount if the value of indonesia is so great. i cant see how the share price can rise with the way this is going to hang around 5 cents where all these guys got cheap oppies to. and 75 million notes still to come out.

this management is not quality they cant even put out a simple announcement without missing out on serious information that we need to be aware of