Ann: Results of Meeting, page-10

I bought at eight tenths of a cent . Because the company pursued this unrelenting strategy of undermarket capital raises to brokers , financiers and creditors.Also they paid creditors with shares for work that had been done for the company by contactors . And told them to go onmarket & sell their shares to the public, for a profit.
They just kept issuing shares undermarket ,untill the shareprice had fallen to one tenth of a cent with no buyer.
Then they did two massive consolidations of 150/1 & 50/1. Then started reissuing shares again , through finance houses. They have been doing this for 4 years

Prior to that they lived off & kept the family fed & in work with capital raises from shareholders to the tune of many millions of dollars .

Also after the first 150 /1 consolidation the share price fell from 15 cents to one tenth of a cent .That is a 150 times devaluation just in itself.
After the second devaluation of 50/1 , they should have come on at 5 cents , but instead came on around 1.2 cents. Now they are half a cent. That is a tenth of their pre consolidation value.
Clearly the company does not care for the massive losses incurred by it's shareholders. They have demonstrated a complete contempt and made a complete mockery of the Australian Stock Exchange share system.
It should be immediately suspended & an inquiry conducted into the proberty of the companies actions, decisions & activites . They have caused value destruction on a grand scale to their shareholders through their wreckless actions.