Ann: Leadership transition to follow new funding, page-33

ASIC has no interest in investigating penny dreadfuls on the ASX. I speak from experience.

Years ago, ASIC said to me "we may investigate management if we decide to, but if we do, I will not inform you if we have or haven't investigated management. ASIC's words virtually verbatim. Over a dozen complaints went in. A few from the Top 20. I argued that point to no avail.

The management of ASX dog's like POS all seem to sing the same song. Great opportunity, great future, smart investment. Believe in us we're so excited about the future. POS is no better or worse that the hundreds of dog stocks on the ASX with great prospects who never turn a profit.

The real opportunity doesn't lie in punters buying shares in these dogs but the qualified professionals who seize the opportunity to be a CEO in one of these dog stocks.

The long drawn out painful process to shareholders who are just living in hope.

No quarter will be given from management. Its a dog eat dog world.

What comes next, maybe one of those great encouraging announcements that POS management are so skilled with that end up just being wind.

The ASX casino. POS is front and centre for all the gamblers who have had a few drinks. A happy drunk not an angry one. Buy another drink and have a bet.