Michael's primary ability to wield any influence is due to his...

Michael's primary ability to wield any influence is due to his 10.81% shareholding. Trouble is, he is all tapped out absent the SP rising either in TAU or in AHF which means he risks getting diluting in any future CR raising. Equally however without raising capital from elsewhere (either through profits, a CR raising /placement, or through increasing the bank loans), he will struggle to get the sort of growth happening at AHF which he knows it is capable of but because of his tethered approach cannot quite bring himself to doing.

That said, he might need to take a look at the good, the bad and the ugly of what the H17 figures actually show, with both the bad and the ugly being very much skewed towards shareholder comms, governance, strategic direction, accuracy of his reporting (some of his figures might need correcting) and his lack in being able to weave together a good backstory in order to support the unfolding narrative that is now developing.

One thing's for certain though - having a good, strong cash buffer in place will be important for the future (operationally, strategically and opportunity wise). It's not that AHF lacks the cash but it could well do with a bit more in place (circa, $4M+ would be nice). This however is perhaps more a salutary lesson for some other companies out there rather than for AHF. More however on this, later, as elsewhere (in a parallel stock setting), things are getting quite precarious indeed whilst for AHF, it's currently more a matter of being stuck in a state of inertia with minimalist broker interest, cover or appetite.