I guess I need to tone down my language with respect to comments...

I guess I need to tone down my language with respect to comments directed towards the board.

"Mgmt has repeatedly claimed that they cannot divulge information on potential projects as it will bring more competition, etc. This leaves the avg Joe in the dark wondering what new projects they are seeking to win."

It's common for swindlers to trick unsuspecting people by the lure of promising what they have is unique, one of a kind... it has to be all secret! When pressed further for details it's common practice amongst swindlers to say something like 'nudge, nudge... your not working for the competition are you? haha just kidding matey, but you know just wouldn't what this information falling into the wrong hands.'

"The directors have purchased millions of dollars of shares with their own money and it makes you wonder why."

The directors are paid by shareholders... where do you think half the money from the numerous capital raisings went? straight into their pockets... they used a miniscule proportion of it to buy shares in the company.

This trick is also popular amongst swindlers... they take money from the unsuspecting victim and then use that money to buy a product, then say something like, "Look look, I'm putting my money where my mouth is, ergo you can have full confidence in this product".

Nexbis, fyi, as at 30/6/2011 had only $900k left in the bank!!! So how can one even think of even calling this a functioning business? How much did the company lose last FY (excluding the dubious writeback of goodwill)?

I'm guessing another capital raising attempt any moment now! any moment now! what do you think the 'Malaysia' contract announcement last week was about?