Ann: Notice of General Meeting/Proxy Form, page-122

So Barrenjoey Whead, IDA , AuResourcees etc , end up with a controlling interest on a company that trades at one tenth if a cent , and has market cap of less than a million dollars.
Exciting stuff, nothing has really changed, still haven't annouced payment of $350,000 balance of Forestania payment to Rividium.
So the next way to extract money from the public is to put out some good news & get bargain hunters to pay two tenths for the stock and some holders might even double their money . Some who got their shares below a tenth of a cent , might even make some money at a tenth of a cent .
Who knows what this bunch of flogs are up to. If one can't work out a way of holding this debt ridden mutt at one -tenth of a cent, then why take the risk of a consolidation.