concrete actions needed, page-8

Wellington Capital was founded by Hutson and Scott following the sale of S8 to MFS. Scott resigned as director in July 07 but there is no mention of any divesting of interest.

There would be shareholding/trust beneficiary type arrangements which are not always easy to track down. Look at the Elysian Fields structure.

CS said the outlook for OCV was not good.

So now is the time to shift assets and income streams before the whole thing folds.

This is why CS came on board shepherded by Hutson who is now catching the handballs as they are thrown off the sinking ship.

This is plain as day.

As to why no one is doing anything about it?

ASIC don't know what to do with the monster child they helped grow and support and the ASX...well there is no trading in the shares so they don't care.

The best that shareholders can do is contact the likes of Anthony Klan of the Fin Review and Michael West of the SMH and Stephen Mayne who is a shareholder and activist and complain, complain, complain.

Just like you got CS on the board you can do the same thing with this transaction.