capital raising, page-44

Delay after delay. WHAT ABOUT THESE MASSIVE NEW COSTS on a company struggling to ward off going under. New a Chairman approx $50,000, CEO $150,000, three new Directors $120,000, new Financial Manager have to be around $130,000, I remember the figure of $220,000 being mentioned as the average monthly operating expense cost. That was before the new CEO costs. Nothing has changed in the short term other than the appointment of these new money grabbing guys. MONTH AFTER MONTH $220,000 being sucked out. I am not saying our new guys can't or won't deliver, however there are some pretty severe locked in costs to cover before we make a cent.

Come on gentleman, what is your plan and be careful, we have been supporting the company with capital raisins for nearly twenty years and we are getting tired of forever being asked to fund everything every time.