Ann: Suspension from Official Quotation, page-95

What an announcement !! - so full of excuses ...and just more of the same ...

" Further, Peppermint has now been advised that the funds for the agreed $2 million placement with Malta-based investment group PEGG are to be expected in October.

Increased regulatory banking, compliance protocols and the heightened sensitivity of PEGG’s capital partners (due to the recent political and social unrest in Hong Kong), have all contributed to the delay in funds being received."

How hard is it to get money out of Malta ?
Social unrest .....yeah sure !
Increased regulatory banking / compliance protocols ....yeah sure !


"As previously announced, the $2million placement for 80 million Peppermint shares will be used to accelerate the roll out of the Company’s Bizmoto business, including its delivery and logistics offering, “BizmoGo”, and its e-commerce platform, BizmoTinda."

Yeah sure ....... because with the progress to date its going to need a lot of rolling out is my guess

PIL have lost just so much time ....... they said they were ramping up marketing and sustomer support etc almot a year ago !

Same old garbage I reckon !!

“Once the $2million placement has been received, shareholders can be assured the next stage of the Company’s business plan will be fully funded and it will generate increased revenues and strong business growth.

Yeah sure - I dont think shareholders can really be assured at ALL based on past performances

Keep drinking the Latte's in Perth boys

Seriously ... I hope PIL do get this funding ..... I will believe it when I see it

they really need it .... ...



Lol