RB,For everyone's reference, I was referring to 2.12 & 2.13 in...

RB,

For everyone's reference, I was referring to 2.12 & 2.13 in Current liabilities of the financial statement.

RB, I think you have that wrong. The Gohgate money is an asset, it is owed to us. The $1.3m is a liability, so we OWE it!

So I guess, all-in all were out of pocket $2.6m (Goh money plus loan money).

Loans have been made by directors before, so I guess this one is as well. Mr Goodall earlier this year made a loan, but I thought that was repaid in shares? Could a loan of $1m have been made in exchange for a board seat? Did John say "I'll give you a board seat IF you lend the company a million bucks"? Did Mr Goodall say "I'll only lend you a million bucks if you give me a board seat"?

A friend of mine told me to go and look at the company charter. I did and I'll post more on that shortly, but on the face of it, Mr Goh and Mr Goodall SHOULD NOT BE BOARD MEMBERS AT ALL.

The more I look into what's going on here, the more scared I become. The more questions go unanswered the more there seem to be new questions. Let's hope some get answered soon so we can see there is a reasonable non nefarious story to what these guys are doing.