Ann: Appendix 3B, page-6

as at 20th Oct the company had not entered into any arrangements that would call for the issue of these options ,they were issued yesterday so some deal has been done over the last week

lol, this is what the shares have been issued for (as per prospectus) and as approved at the AGM:

Listed Options to be issued to consultants and advisers 50,000,000
Listed Options to be issued to sub-underwriters 106,801,802

If it weren't for consolidations this company would have 30bill shares on issue. Here's an idea of what current directors think of the prospective quality of this company:

Security holdings
The relevant interest of each of the Directors in the securities of the Company as at the date of this Prospectus is set out in the table below.

Peter Wall - Shares Nil
Jason Tomkinson - Shares Nil Options 4,760,001 (currently worthless)
Paul Callander - Shares Nil

The directors hold ZERO shares between them...lol...if they won't invest in their own company why should anyone else?