"And I've had a conversation with him re HotCopper. He told me...

"And I've had a conversation with him re HotCopper. He told me he was familiar with the site and the people who run it."

Very familiar since we (PNO) and HC share major shareholder. HC is partly owned by CPSS. Jason Peterson is a director of CPSS and the sole director of Celtic who inturn own PNO shares (and debt).

This latest manouvre is purely to free up cash so Monarch can re-invest. But how do we first repay Monarch? Their is no feud between the parties. And CGI was always going to fall considering a cr is the obvious solution to balancesheet. PNO couldnt fall.

The recent buying activity in PNO was just window dressing. In the hope of pumping the sp high enough to have a successful rights issue. But you can no longer pump PNO. Nobody falls for it.

PNO is advertising bulk sales of Thermalife cream and Gel. Qty 4. Great prices.