not in line with use of funds from raising

The announcement says paying $5M USD for 50% of Surf and paying $2.5M USD cash.

However the Application of funds raised from recent Share/Option offer was stated in Prospectus as $1.5M AUD SELH Gas & $1.3M AUD SELH Oil. Total to be raised was $4,348,818 AUD less costs of $317, 010 AUD

$631,808 AUD for Development of other Cailfornia projects

$631,808 AUD is a lot less than $2,500,000 USD

So where has the cash come from???

VOTE IT DOWN.. TELL KAIN NO!!!