To summarize the reponse - it goes something like:
JBL: Hey NSX! Why have you still got us suspended? It's all good over here! Nothing dodgy going on! What's with all the questions?
NSX: Question 1: How on earth did JBL fund the purchase of almost 1 million shares in JBFG? JBL: We paid around $1.2M in cash and JBFG owed us about about $4.5M so we called it square.
NSX: Question 2: In our last query we asked you to list all of the transactions completed between consolidated entities and HML. Are you sure you didn't forget any? IDS group perhaps? JBL: Umm, yeah - There's some stuff about IDS group in the annual report. You should read that.
NSX: Question 3: In our last query we asked you to list all of the entities within the consolidated group that you or your mates have been a director of. Are you sure you didn't forget any? JBL: Uhhh, ok... welll... maybe we forgot to mention that Stuart McAuliffe was a director of IDS and also Growth Point Capital.
NSX: Question 4: Why did you fail to mention that in your last response? JBL: Ummm... we were in a rush because we're so upset about being suspended from trading. We didn't meant to leave that out. But all that info is in some annual reports somewhere - you should just read those.
NSX: Question 5: Is there anything you'd like to tell us? JBL: Ok, I suppose we should tell you that there were about ten more executive positions we didn't tell you about in our last response because we were in such a rush. But seriously - all this stuff is in annual reports - you should just read those!
NSX: Question 6: What can you tell us about Jarrad Stuart and Samuel Elderfield? JBL: Ummmm.... Yeah, they've both held directors positions in companies in the consolidated group. Hey, we've answered all the questions. Can you lift our suspension now?
HML Price at posting:
$1.99 Sentiment: Sell Disclosure: Held
