Melbourne Roadshow, page-34

I went to Melbourne presentation today for about 1.5 hours. and my key take outs were as follows;


* Mike stated he cannot in his position tell us 90% of what the company is doing due to ASX obligations. ( Logical sense)
* Directors cannot buy shares as and when it suits them. Mike is precluded from trading shares.
* Caterpiller wanted all of FBR and FBR did not want that to happen.
* Live videos will be available to view soon.
* Mike was at pains to point out FBR cannot and will not give up information due to their competitive advantage
* I have read before on here that the Pivacs own the IP and could walk away with it. . This is not true, PIPS are owned owned by shareholders of FBR.
* There is a lot going on including a potential partner in USA.
* FBR is dealing with Brick & Block manufacturers in Saudi Arabia

Anyone who thinks he is gong to pack up is dreaming. You can see how passionate he is about FBR and it was
easy to see eventhough he can't say too much, he has no doubt this will be a success.

I was left in no doubt their long game IS NOT AUSTRALIA.

They have just spent time talking to building companies in the UK.to identify opportunities there.