Ann: Santalis progress and operational update, page-5

So as well as being a previous TFS executive, Mr Scott has form in signing contracts with Chinese entities.

As executive chairman of "Soil Sub Techonologies" he announced with great fanfare a contract with a chinese firm
http://www.asx.com.au/asxpdf/20081106/pdf/31dg0kb1dr708w.pdf

Then he mysteriously resigned
http://www.asx.com.au/asxpdf/20090205/pdf/31fxf39x2rj0hk.pdf

Then the new chairman found out that the chinese firm didn't have the financial capability to execute the contract
http://www.asx.com.au/asxpdf/20090218/pdf/31g3xmhfv8t565.pdf

Then the company went into adminstration
http://www.asx.com.au/asxpdf/20090402/pdf/31gwz188hpntrc.pdf

Sound familiar?