There is a risk that if this operation fails, DACIAN will go to...

There is a risk that if this operation fails, DACIAN will go to bankrupt and we will lose everything..., but the reasons given by the DACIAN board for accepting Genesis's offer would almost make us laugh if they weren't enough to cry... !

* Premium of 33% based on the 5-day WWAP of DACIAN and GENESIS shares

* Premium of 28% based on the 10-day WWAP of DACIAN and GENESIS shares.

All this while DACIAN was at 32 cts a few weeks ago and it would perhaps have been more honest to take into account the last 60 days as it is rather usually done...

In addition, it seems the board of DACIAN give as reasons to accept that we will become shareholders of an expanded GENESIS led by an experienced and proven management team. But, oops..., reading the GENESIS accounts, we realize that the company has no cash flow, but a loss on the balance sheet, does that remind you of anything...?

That all of this leads us to a complaint at ASIC becomes quite natural, except that ASIC will do nothing, as usual.

The proof with a case that dragged on for years and an incorrect takeover of the main shareholder of Strategic Minerals Corporation, the champion of the crook universe, the billionaire Ch. Wallin. An offer based on a false assessment of the value of the company and which had earned a suspension of its author, Van Dieren and the bankruptcy of Ravensgate.

The Panel (A. Bulman) had sanctioned this operation, but ASIC had not followed suit. Then for the stocks again in circulation, Wallin hid from the remaining minority shareholders a $200 million mining lease application and made a $50 million compulsory offer. Hence a new complaint again dismissed, while Shipton was no longer in charge of ASIC, but Joe Longo had been appointed, specifying that under his direction, honesty and rigor would return to ASIC...! Bullsh...!