Equity Placement - not sure this will go ahead. Their last...

Equity Placement - not sure this will go ahead. Their last equity placement attemt also failed though they announced that they received firm commitments

Again Oakley Capital Partners Pty Ltd handling this, so we all know who will pocket all the money...

- Oakley will earn a 6%cash fee
- Oakley will also receive 50 million broker shares(valued at $146,000)

Loan funding of $600,00, lets see costs...

- interest at a rate of 20% per annum
- establishment fee of $100,000
- $200,000 payable in shares

Some DumbRoads thougt they resolved their debt issue...

Here we go again, same cycle, rinse and repeat...