Another low life director

Unbelievable share consolidation,  never seen a 150 to 1 consolidation before.

Talk about  absolute dilution of existing shareholders, current 1,040,437,062 will become 6,936,247.

As per the annual report

On 6 March 2017, the Company issued a notice of meeting to obtain share approval for the following matters: • consolidation of the issued capital of the Company on the basis that every 150 Shares be consolidated into one share and that options on issue be adjusted in accordance with the Listing Rules;
• the issue of up to 37,000,000 shares to creditors to convert existing debts into equity; issue up to 127,500,000 shares and 67,500,000 options to holders of convertible notes;
• and issue up to 175,000,000 shares in a placement to raise $1,750,000 before costs. On 10 March 2017,

Mr Brett Fraser stepped down as Chairman and non-executive director and
Mr Robert Beeson stepped down as a non-executive director of the Company

Certainly will be voting against most motions. Shareholders have been and continue to be treated as mushrooms by the board and management.


Worst ever investment I have made.

just like SOC who would of bought in if they knew the Li was going to be a set up ?
why arent these people been held accountable its happening every where look at KBL


Where is the LAW ?
nowhere !


Running around after the ice addicted kids of the dads that jumped out building windows



This is why people jump off buildings/disappear !!! $200k gone like a puff of smoke over a 3 month period how do you tell the wife and kids that after loosing 20 years of your savings we actually cant afford to pay what we owe and you"ve already passed half your life expectancy









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