Ann: Pause in trading, page-73

So wrong? No at all. You are dreaming. ANS needs to raise fund for strategic investment. Unfortunately, ANS has no capacity to raise fund for a take over which requires huge amount of money unless with huge dilution to existing shareholders with the assumption that all shareholders are willing to subscribe the new shares.. Please see the following FACTS.

Presently, ANS has 5 billion shares outstanding. Market capitalization at 0.017 is $86 million.
ANS has the capacity to issue new shares up to 15 per cent + possibility another 10 per cent without shareholders' approval. ANS has raised $8 million since March 2018 with 711 million news shares issued i.e. around 14 per cent of total shares outstanding. So ANS might have reached almost the 15 per cent capacity. Another possibility of 10 per cent without shareholders' approval i.e., 500 million shares, let say at 0.017 equals to $8.5 million only.

Capital raised since March 2018.
2 Aug 2018
AustSino is also pleased to announce it has agreed terms with Mr Guang Min Jie to raise additional capital of AUD $3 Million. Mr Jie (a resident of China) has agreed to subscribe for approx. 230,769,231 fully paid ordinary shares in AustSino for a subscription price of AUD $0.013 (1.3 cents) per share to raise AUD $3 Million. This reflects a discount of approx. 20% to the average closing price over the last 10 days on which AustSino’s shares were traded.

27 April 2018
Mr Yongyi (Harry) Du (a resident of Hong Kong) has agreed to subscribe for 181,818,182 fully paid ordinary shares for a subscription price of 1.1 cent per share to raise AUD $2 Million in two tranches as follows: - shares to be issued at 1.1 cent per share to the value of AUD $300K, on receipt of immediately available funds (expected with 10 days); and - shares to be issued at 1.1 cent per share to the value of AUD $1.7 Million, on receipt of immediately available funds (expected within 30 days).

22 March 2018
AustSino Resources Group Limited (ANS or Company) is pleased to advise it has made significant progress in the transfer of funds of RMB 15,000,000 (approx. $3,000,000 AUD) received and held in trust in our Chinese subsidiary company’s bank account in China pursuant to the Company’s Replacement Prospectus lodged on 25 January 2018. The funds received in China were for an application for 300,000,000 shares at $0.01 per share.