This is the 4C of a company in waiting. Waiting for something to...

This is the 4C of a company in waiting. Waiting for something to drop into there lap.

$284,000 spent on administrative expenses in 3 months.

Rent, salary, phones, paper, little petty cash to pay for coffee. And listing on the ASX plus the lawyers to stamp the forms.

But really these guys are sitting at there desks waiting for the phone to ring. Everything was farmed out to third parties and now the 3Ps have failed, they don't know what to do !

$248,000 on R&D. Is that for scientists and labs right ? Need an activities statement.

Anyway its all gone to shite now so as before I will get out on the next bounce. I just hope its a big one based on something great from the chinese.


And they can do this for the next 10 qtrs until they quit or go back to the market with there hand out again.

That guy who thought this could be like CSL. You really need to get some experience behind you mate. You're in fantasy land. PAB is 2 guys in an office throwing airplanes at each other. CSL is a global conglomerate.