Ann: CLA Signs Non-Binding Term Sheet and Subscription Agreement, page-175

I am not a fanatical conspiracy supporter.

But the way I see it, based on my understanding that how Chinese companies do their “business”.

HYPOTHETICALLY IN MY FANTACY ONLY

Silver had already approached PH government by using behind the scene leverage to make sure the acquisition to CLA would happen.

Officially, issuing A$5M worth of shares, gives them enough superpower to manipulate SP on the market. No BS here, there are plenty of loopholes that will allow them to do it.

CLA heading huge pressure from PH government, a situation like - no deal no license – hence the non binding offer signed. CLA’s board are not stupid, but there is no other way out.

Some investors are dreaming about a new bid joining the party – stay in your Dreams. Chinese won’t let that happen.

Final binding offer will be 3c. If not lower.

Many investors wouldn’t even take the trouble selling shares in NYSE or whatsoever. They will be happy to sell it at a discounted 2.8c.

Wake up.

ALL IN MY HUMBLED ILLUSIONS, NOT EVEN OPINIONS.