Questions to Management - What is going on? Official., page-161

@Mutley8 ................."So holders can blame the troll brigade for causing unnecessary delays and wasting company’s time and money. Which ultimately is shareholders money!"

That is just so unbelievable. The ASX and ASIC have rules and regulations that must be adhered by listed companies. As soon as a company tries to go outside those rules, they incur the wrath of the governing bodies. It is really very simple.

WFE stepped outside the norms of a listed company by trying to do a backdoor listing, so have to recomply, as per WFE announcements.

WFE have to produce a prospectus, they have admitted this in announcements, yet have failed to announce any of the required studies being done at all. Now the company does not have the money to pay for all the reports necessary for a prospectus.

No major shareholder has stood up and loaned the company the necessary funds to do a prospectus, nor anything else for that matter.

Any blame for nothing happening here resides clearly with the BOD and major shareholders for not following the rules and guidelines last year by trying to do a backdoor listing.