Ann: Prospectus , page-5

datz read it all and you will see why it is 10 thousand shares.....lol


The primary purpose of this Prospectus is to remove any trading restrictions that may have attached to Shares issued by the Company pursuant to the Placement prior to the Closing Date (including prior to the date of this Prospectus).
Prior to lodgement of this Prospectus with the ASIC, the Company completed a placement of 247,391,391 Shares at an issue price of $0.011 each to sophisticated and professional investors to raise $2,721,305 (Placement).

Due to the fact that the Company’s shares have been suspended from trading for more than five trading days in the last 12 months,

the Company is unable to rely on the exception set out in Section 708A(5) of the Corporations Act to issue a
‘cleansing statement’. As a result, the Company needs to rely on the exception set out in Section 708A(11) of the Corporations Act to allow the Shares issued under the Placement to be secondary traded without restriction.