Ann: Annual Report to shareholders , page-4

While some things look good this does concern me:

Commitments
As at 30 June 2012 there is a consultant and corporate advisor agreement with Superstructure International Pty Ltd, pursuant to which a retainer of $7,500 per month is payable for 3 years following the Company’s admission to the ASX. The committed expenditure under the agreement is:
Within one year
90,000
Between one year and five years
60,000
150,000

Payments to mortimer who has his grubby little hands all over this

Also the auditors don't have all the info to form an opinion.

PG