RE: I wonder6 Jun 2019 16:30
That must have been a long phone call - maybe Fred was discussing what yacht each member of the board should buy with their share of the proceeds from the funding deal [needed to pay their salaries and other expenses] that shareholders have to vote through to keep the receivers at bay.
As the Subscription Agreement Update states:
'The Company's working capital position is dependent on new funds being made available to it.'
As for Uncanny's comment 'The share price is holding steady' - not today unfortunately.