shareholder pressure being tapped..., page-31

The only past lives that are relevant to the current company are SAE. Neon which was an entity in its own right independent of Salinas instigated a reverse take over of Salinas to achieve public listing.

Neon already existed with the first of the two Vietnamese blocks prior to the reverse takeover. The second block was being negotiated by Neon as the two companies merged under the reverse takeover. Under the ASX rules Neon could not instantly change the Salinas time so for a short administrative period private company Neon became public listed company Salinas and then under name change, public listed company Neon Energy.

As such Neon initiated both Vietnam blocks. Salinas held various CA acreage which Neon has since modified by releasing some acreage, gaining more and renegotiating holdings as was the case for Paris Valley and Paloma.

Had a brief encounter with the company yesterday. Got no pointers at all but the mood was very very good.