ASX Listing Rule 9 and Appendix 9B

For the shares to be given to gridComm shareholders as part of purchase consideration (169 million shares post consolidation), hope those shares would be held in escrow for 24 months under ASX listing Rule 9 http://www.asx.com.au/documents/rules/Chapter09.pdf and Appendix 9B

Extract from Pacific Ore Limited (PSF) prospectus, a RTO company
7.13 Restricted Securities Subject to the Company re-complying with Chapters 1 and 2 of the ASX Listing Rules and completing the Offers, the Company understands that certain Securities on issue (including the Consideration Securities and Advisor Securities) may be classified by ASX as restricted securities and will be required to be held in escrow for up to 24 months from the date of Official Quotation. During the period in which these Securities are prohibited from being transferred, trading in Shares may be less liquid which may impact on the ability of a Shareholder to dispose of his or her Shares in a timely manner. The Company will announce to the ASX full details (quantity and duration) of the Securities required to be held in escrow prior to the Company’s listed securities being reinstated to trading on ASX (which reinstatement is subject to ASX’s discretion and approval).