Ann: Appointment of Voluntary Administrators, page-8

Run by a WACOS. The writting was on the wall after it first year of questionable financial reports and disclosures. with all the warning signs where was ASIC. Only need to listen to Allen Kohler's interview just at time if floating to get a sense of what this mob might end up with. What a disaster. Sold out at .08cents av buy price 8c.
I just hope at least now ASIC look at the boards conduct and ban the lot of them from operating any business, let a alone a listed one. Wishfull, thinking on my part. It could have been a great business in the right hands.
I guess the major SH will gobble up the business for nicks and run it privately. I really hope the WA government stop that happening.