Ann: Quarterly Activities Report , page-15

We can only live in hope that one day someone will be able to get GXN looked into to see if there has been any discrepancies, as per the EGO action.

The Bull's favourite tale of the year was the implosion of Graig Marshall's Empire Oil&Gas.
What should've been a year celebration for Empire on the back of the completion (albeit late and over budget) of the Red gully gas-condensate plant near Gingin became an annus horribillis for founder and managing director Marshall.
Under intense scrutiny from well-resourced 10 per cent shareholder Erm Power ,Marshall's disclosure practices crumbled.Error-strewn audited financial accounts and remuneration reports and ridiculous statements by Marshall and his board as part of a fight against Erm proved as fatal as an iceberg to the Titanic.
A month ago,Marshall was booted out of his professional life's work.By last week the now Erm-controlled Empire board had sued Marshall,Bevan Warris and Neil Joyce to recoup $441,000 in legal fees paid by the company for the now ex-directors defamation actions.