asic determination ann, page-25

I would like to know what they mean by this determination for 12 months, and exactly what it means

Now obviously Smyth will have to come up with details on the coal mine, bet he was hoping to get it through and then he would come up with some rubbish why it didn't go through as in the refinery

While his mates at Global dumped shares on the public to raise money for them, I mean they were going to buy shares at 1.25 cents when sp was half a cent, and with no details about the coal mine or plant, yeah right

who the hell would pay 2.5 times the current sp to pay for something that has not been signed or any details on it.

It is Easy office/Aitco all over again.

So I wonder what he/they will do if they cannot fleece more money here, they plan to go to the U.K. but they did plan to fleece CVI of the Fortitude debt and the assets first.

If they cannot use the coal they will find some other worthless bit of crap to pay too much for,
what if they had to get the money back from Fortitude after they list, or would this new merged company have to give them shares at a reasonable price, like the owners/Zulus were going to get them for.

Now that would throw an even bigger spanner in the works.

Doing business with the Zulus, now what next in this story, someone must be on some good sh1t to think up this stuff.