bkueballs, at the risk of seeming fastish, you haven't read the...

bkueballs, at the risk of seeming fastish, you haven't read the announcement carefully enough.

The announcement says quite clearly that Mr Morgan has APPLIED for $500k worth. Not that he has purchased or paid for them - the ann. also makes it clear that his application is subject to shareholder approval. Application can be withdrawn.

I'm not meaning to be nit-picking here, but the company announcements are definitely geared to the super-spin. Production targets are changed, but not so that anyone would notice easily. April's production is trumpeted - but it is half the 21st November 2011 forecast for December 2011.


Mr Morgan's commitment to the company is undoubted - he has lent AYN $750k to keep them going until the CR is finalised - but he has not purchased any shares, and I doubt that anyone else has paid for them yet either: I'm sure the company will tell us when the money is in the bank. That should at least give the sp some support.