consolidation, page-13

This whole situation really is a disgrace and a sham.

Thanks to PWC, I now hold a part of one of the largest shareholdings in BEC (the ACR Noteholders).

ACR Noteholders should band together and tell the ACR liquidator (PWC) to start acting in our best interests and call an extraordinary general meeting and sack Matthew Chun and the rest of the Becton board.

PWC has organised through the ACR Noteholders' debt to establish a steady level of fees for themselves out of this deal for at least the next 5 years thanks to their behind the scenes negotiations with Becton (while we the ACR Noteholders see nothing other than an ever diminishing value in our Notes).

... and we (ACR Noteholders) get told that the decision PWC has made on our behalf with regard to Becton (debt for equity swap) is in the "best interests of ACR Noteholders".

PWC should have held a Noteholders meeting and put it to a vote - rather than back-dooring us via their Federal Court application to by-pass us. Now we see even more damage done to the value of our Notes . . . and many of the ACR Noteholders are now too old (or dead) to care any more.

SHAME ON YOU PWC / SHAME ON YOU BECTON - WE KNOW HOW RICH YOU HAVE ALL BECOME OUT OF US (THE STAKEHOLDERS) - YOU WERE SUPPOSED TO BE LOOKING AFTER OUR COLLECTIVE INTERESTS - NOT YOUR OWN PERSONAL ONES !