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If ASIC are anything like the regulatory authorities I have dealt with elsewhere, such as the FSA and Fimbra, their first duty will be to themselves and their jobs, they won't rock the boat unless they feel they have to be seen to be doing something, and that will only happen when the 'clammer' becomes unignorable.

Hence I suggest you all start making a noise.

Go back to the beginning of the releases of ASX announcements on the ADY website, to the days when the company was worth 30K or so back in 2004, and skip through them.

In hindsight, it becomes embarrasingly obvious that this whole company/scam has never been treated as anything more than a cash cow and share market plaything by the "management", from the manipulation of pump and dumps, to the withholding of accounts by Deloittes, causing buying oportunities etc, etc.

And Buddies estimate of the future seems very probable.

Take a look at the annual P & Ls, the amounts of money various parties such as Clarke, PT, Torres, Gonzales have walked away with, and ask yourself what they have done for us?

Look at the capital raising, the share issues, the convoluted dealings with hidden and opaque entities, and consider for on moment the amount of money poured down this bottomless pit, the amount paid to third parties to develop valuable technologies which have then been hived off to mates etc.

Since coming to Australia I have learnt a lot, phrases like 'mum and dad investors', and 'battlers' have echoed around.
And always at the center there seems to be another con, an HIH, an Alan Bond, Child care centers, property investment scams, etc etc.

Australia is a great opportunity,... poorly wasted....sort of what you would expect if you had left your criminal classes on the beach for 200 years.

Come on, get your sh*t together.

ASIC I'm waiting!