97m to 98 m, page-26

Pete,

"could you please expand a little on your answer, so plv has to trade above 4c or paddos wont be able to get investor interest for the new 434million shares?"

The shares were issued at 4c, people unhappy if below issue price, sophisticated investor buys them up to keep investor happy.

next, options 4.5c, company needs them executed for cash, sophisticated investor buys them up to keep company happy.

Tried to keep it simple

Risk factors - WEG, IO price in 2015, take over sub 10c, Prestige Glory doing a ZYL to them, Pattos doing a stock dump like AON, in the shadows people capping PLV with all the stock they own now to get a cheap T/O, people capping PLV with all the stock they own to buy more cheap etc

Big over hang now, cant see this getting past 10c again to be honest

CK