Ann: Trading Halt, page-40

Subject to shareholder approval, the Company proposes to issue options on a 1 for 2 basis exercisable at $0.075 per option and expiring on 31 August 2017 to investors in the Placement. Shareholder approval was obtained for the issue of Placement Shares at the EGM held on 31 July 2015.

This is the worst of all. Would be best for the company if this doesn't get through. Ive lost a lot of respect for this management now.