Ann: Soar Labs settlement update, page-5

Hey Bison,

Not that it really matters, but just because BPG may not be trading on the ASX, it doesn't mean they won't exist as a legal entity should it get delisted.

BPG can continue trading as a Pty. Ltd. company, just not floated on the ASX. Your shares thereafter are pretty much worthless however.

In regards to this announcement, BPG can still claim their monies from Soarlabs in Jan, the fact it was announced suggests to me that BPG are either trying to:

1. Show to the ASX they have plans and funds incoming post 31 December, so to strengthen their case to remain listed.

2. Pretend to Shareholders they are continuing with intent to keep it alive, whilst in the background wrapping things up and bleeding it dry before delisting.

Either way, I'm with you, mentally written this off now.