So in my opinion these are some of the predictions that may come out of the conference call.
Chairman John Barratt: We need your votes so we can issue more shares out of Treasury as the financier that has been funding our salaries since the summer of 2011 dried us out so we need more to feed them. Mark Fletcher did a good job of selling all of the company assets and re-financing so that is how we survived so far. You may not believe Mr. Fletcher anymore but I think I am more credible so listen to me.
Dr. Eric Von Hofe: I am excited about AE37. But without more money my hands are tied.
James Anderson: We have no money for Oral-lyn so there is nothing to report. I said I was going to reformulate but without any money I can't do this.
David Brusegard. No operations going on for a long time now so I definitely do not have anything to report. No money=no operations.
Maybe I am wrong. Who knows.
"Management is going to lie through their teeth & tell whoppers."
Obviously.They really,really rush this annual meeting and votes,clearly they are in panic.They knew a month ago this is coming,but they tell us NOW!Why?They should have some good news leading to CC,otherwise the CC will be a crime,robbing shareholders broad daylight..but this time without any promised "candies"!
I guess they will put a gun to the head of the shareholders this time:either they vote for reverse split and new shares( dead sentence for the company) or they file Chapter 11!
Both bad for shareholders..never mind mentioning to find the cure of cancer ,diabetes
Did You notice,there was no word about reverse merger?So probably that was a lie (how come i'm not shocked?) And again: since both,the reverse merger and spinout can be done in two months (not in two years!)..obviously both were lies!
You forgot some things:
"We are proceeding with ..." " We are working.." "We expect to.."
"We are in the middle of.." on and on ..but nothing exact,firm..everything is foggy,vague..like always!