Ann: Board of Director Changes, page-345

Could this be a play by PLL to get SYA for practically nothing.

If SYA was forced into administration, PLL might be the number one creditor, they would then negotiate behind the scenes with the other biggest SYA creditors, and offer a scrip deal to them that would not involve anything for retail shareholders at all, exactly similar to what PLS did to AJM.

And in that way, SYA retail shareholders get nothing while PLL picks up SYA for pennies with the blessing of the other biggest creditors who had joined with PLL to force SYA into administration. Those other big creditors then become shareholders of PLL.

Either way, SYA retail shareholders end up getting nothing - just like the PLS dirty play on AJM.

Of course, in any fair system, this type of corporate raid should be illegal and not allowed to happen by the government authorities, but we don't have a fair system, it's the wild-west out there and all the little-people get shot and used as cannon fodder, while the large corporates wield all the power and do their dirty deals. It brings back memories of that movie, Pretty Woman.

If many of the large SYA creditors pool their support behind the scenes to bring down SYA (together with PLL), then we could see the same process as the PLS takeover of AJM here. This is why it's a good idea to be quite careful about buying more shares here if you are a retail shareholder, because in those scenarios, the retail shareholders got nothing back.

Gw