Stone the crows, looks like 520 Million shares were cancelled...

Stone the crows, looks like 520 Million shares were cancelled -ie bought back BY THE COMPANY at .1 cent each.

Now I wonder who sold them and who gave that person permission for the company to cancel them, ie BUY THEM BACK.

Were they then reissued with a similar amount of shares? Bang go the profits.

Nobody else had an offer for the company to 'cancel' their shares

Is this company the personal property of management or what?

Go figure! Sure would like to see ASIC explain this all to shareholders. Management certainly didn't.