Ann: Appendix 3B , page-2

Issued another 43 million shares and heaps more options.

They have 150 million shares on issue, valuing the comapny at $27m and really nothing for assets.

Can't raise the money for Eclipse, so really that value those tenements worths.

This stock is way over priced.

Since listing on the market they have triple the amount of shares and options on issue.

I'm glad I'm not in this one. Take your money and get out while you can.