Ann: Appendix 4C - quarterly, page-8

Look at the growth in Bizmoto registered agents!
Up almost 50% in 24 days to 24 October!!!
Could they finally be hitting the sweet spot?

I had a chat with Chris a few years ago..... he explained that they could easily raise funds via the standard pump and dump CR to sophisticated investors followed up by a few fluffy announcements.
We’ve all seen this before..... it’s not a long term strategy. But he was committed to raising at a premium to active investors ....
Unfortunately that didn’t work out ....... but the good intention was there (to look after holders and avoid dilution).

My guess is that PIL will trade again when management want it to trade again.
They will be ready to follow it up with announcements of substance ...... not fluff... when it does.

Hope I’m right!