Ann: June Quarterly Report and Appendix 5B , page-9

Nur0,

Right now the big problem I have is why has the company lied about it cash position.

For example if you go by March Q and I am reading this from the Q report "Combined cash on hand and debtors at March 31 2011 exceeded US $22 million dollars"

But the June Q says and I quote "The cash position at June 30 2011 was US $7 million (March US 11.4 million) and in addition to this, the company had outstanding trade debtors of US $5.7 million (March US $11 million)

What a bunch of liars no wonder CFO David Round has resigned.

This calls for an ASIC investigation!