Ann: TOV: Blackham Resources - Panel Declines to Make Declaration, page-3

As I understand it, he still holds 49% of 15.8m BLK shares in Perfectus. Polo also hold 49% and a Polo director holds the remaining 2%.

Think JG and Polo will be having some frank discussions now that he's offloaded his Mazil held shares for 13c. Approx 30-40% discount to what he sold them to Polo depending on how you value the equity swap.

He's going down swinging that for sure.