Ann: Placement Announcement , page-2

As an investor since the IPO currently holding 500K shares, I do not like being treated like a second class citizen and object strongly to share issue to Alpha Securities Pty Ltd and its clients claim to be sophisticated investors.

Considering the IPO price of 25 cents, the current fire sale at 2.5 cents is 50% below the recent trade on market and 90% below the IPO price. Does it mean the IPO was a fraud or the assets worthless?

The directors are incompetent, negligent, and deceitful and must be eliminated from their posts.

I would like to be contacted by the group of people who proposed to get rid of those guys, and will assist in any way.

Call Paul on 0435 047 489.