Ann: Suspension from Official Quotation, page-91

There certainly is a lot of Uncle Fred worshipping going on here. So much faith in just one man !

He is currently in control of 3 ASX listed companies which have been trading for between 8 and 20 years.
All of these companies are in financial trouble; none of them has ever turned a profit; two of them are currently suspended from trading.
Total accumulated losses of these companies is around $214mil, which is roughly how much shareholders have given to them.

Fred has currently made millions of dollars of his own money available to 2 of these companies (on favourable terms) and he probably has a few million invested in both of them.

Personally I wouldn't want to be in his shoes. It's no wonder he looks so rough.