Ann: Appendix 3Y, page-14

Totally agree @Spozzie , we're in the dark a bit, many of us have been speculating about why we're in suspension and when the suspension may end... the least management should do is answer or clarify the 'why' part of it IMO.

The only thing I can add beyond my previous posts on this is around the "Back-door listing". Given that BPPL and Soarlabs deal is now winding up, one would assume that the Back-door listing rule no longer apply (assuming that Soarlabs no-longer have a 49% ownership of BPPL). But then again, what were Noetic Synergy getting out of the deal with BPG - the Back-door listing rule may now, simply apply to them instead of Soarlabs.

Further speculation again, but given the crypto exchange is still on course for delivery in April, one would also have to assume the "Change In Business Activities" rule is also still in play.

... however, playing devil's advocate:
Imagine this scenario: the deal was cancelled altogether and BPG stopped pursuing building a Crypto exchange with another vendor:

- No Back-Door Listing would apply
- No Change In Business Activities would apply
- The suspension could therefore be lifted...

It hasn't.

IMO, the suspension is almost a good sign: BPG still need to work through the ASX rules, changing "Soarlabs" to "Noetic Synergy"... meaning we're still on course to becoming a crypto exchange company, but totally agree - some update on the above would put our speculating minds at rest.

Cheers
MSN