Ann: Trading Halt, page-3

This listing commenced as ...

SLL was incorporated on 21 May 2001 as a wholly owned subsidiary of Sord. Sord originally developed and applied for a provisional patent in respect of the ShieldLiner System which, in effect, was a spin off technology from that company's core mining technology. Sord was of the opinion it was desirable for the ShieldLiner System to be transferred to a separate company and for that company to raise the necessary capital to further develop and commercialise the Technologies. Sord's shares in SLL were sold to its shareholders and SLL undertook an initial seed capital raising and acquired the ShieldLiner System from Sord with effect from 4 February 2002.

Since that time this listing has spent millions upon millions of dollars, and continuously changed its business model,  from mining, shield liners, micro chips, VPN, Family Insights, Family Insites,  Frugl.

It's gone from being a mining company to a grocery app and never created a successful commercial entity.

Fees/salaries/ consulting have been paid to a range of so-called business experts over the last 23 years as they walk in and out the gravy train door.