ozequities, page-9

Our note:
1/Recently raised $6.0 mln cash by the issue of 120 mln shares at 5 cents.
The acquisition of Energy Mad Ltd and Australian Meter Company P/L
will absorb $4.5 mln immediate cash.
2/Raising $2 million via a convertible note, currently being finalised.
3/A major consolidation of shares on issue is expected at some stage.


consolidation expected?? WTFFFFFFFFFFFFFFFFFFFFFFFFFFFF

someone ask that at the agm.......i may not be able to make it..

f*k the consolidation...im sure many will be out if thats the case...is that the reason for keeping price down?????????????????