response from ferrier hodgson, page-2

got this from http://www.delisted.com.au/Company/4793/LAFAYETTE%20MINING%20LIMITED

'All shareholders in Lafayette Mining should be aware that they can now crystallise their 2008/09 capital loss for tax purposes by simply entering the transaction online at our worthless shares facility. deListed is an Australian Financial Services Licence holder (AFSL 264673) and recommends that shareholders seek independent professional advice relative to their holdings.'

When you go to the facility link, it explains:

'This facility is now open for tax year 2008/09 transactions and yes we are acquiring shares in companies such as Octaviar, ABC Learning Centres, Babcock & Brown and both Allco companies. For the full listing of appropriate companies please see here: Capital Losses 2008/09. Shareholders should also note that deListed holds an Australian Financial Services Licence (AFSL 264673) and that ASIC warns the public to "deal only with licensed businesses".


'The transaction can be accomplished quickly and simply online by following the steps below. deListed pays a nominal amount of $1 for each parcel of worthless shares. Our Administration Fee for this service is $81 for one parcel and $56 for each additional parcel. If you wish to sell your worthless shares, the fee (net of the nominal amount of $1) is therefore $80 for one parcel, $135 for two parcels, $190 for three parcels, and $245 for four parcels. Shareholders or brokers wishing to process more than four parcels should contact us initially at [email protected] . Brokers should also note that we will circulate our next annual list of appropriate companies on or about 29 April 2009.'

can comeone explain ro me the purpose of this facility?