Ann: Entitlement Offer open prospectus dispatched, page-29

@zubric,

Spot on, how could a BOD that have no skin in the game turn around and put out this garbage, what were they thinking, what they just filled the coffers of 5million from Colonel Klink and his Cronies Blackstone, ( I told people to follow the money) then the MD throws out to existing holders he is not taking up the offer or reserves the right to only take a portion at his discretiin, but warns all those existing holders to buy or be diluted by another 50%, they are a dead set joke this mob, why would I say that here's an example,

Shares On Issue Pre Consolidation 3.24 billion @0.003cps

Shares On Issue Post Consolidation 162 million @0.06cps

Current Shares on Issue 356 million an increase or dilution of the Company of approximately 120% eroding every shareholders wealth by 50% by SP value in just on 12 months and now these parasites want to add another 356 million to the registrar because the BEOT got involved and they are feeding them all past retail holders by holding a gun to the head of every mum an dad investor, forcing them to buy or accept another huge dilution of their already full on diluted shares, wow they really are professionals this mob, and to think there are some who continue to back them.

Here's another example in case some still don't get what this company is forcing upon retail,

Pre Consoldation you own 20million shares worth 60k

Post Consolidation at 20 to 1 you own 1million shares worth 60k no change.

Company continues to raise by issue of around 200 million shares within 12 months, market takes on board dilution, share price is now averaging 0.03cps, your investment just lost 50% based on pre or post consolidation, now your being forced to buy at the current offer after wearing all the dilution within a 12 month period and they hit you with, unless you take up the offer you will lose another 50% by way of dilution and all this to feed the latest BEOT A Wipes who just got involved, and the MD along with the Guru are in bed with them, so its shaft time, yes they are professionals this mob.