HERE are some statements, mostly made by the Chairman, Mr Paul Duckett
The announcement of 15/8/2016 is my personal favourite. Nearly 2.5 years old now.
A SHORT HISTORY OF STATEMENTS OF (AYB/PDF) – THEIR OWN WORDS
DATE
17/12/2018 `The Chairman of PDF Mr Paul Duckett said the company would remain suspended whist a series of transactions were finalized.
30/10/2018 `The company has been working with Pramana Capital to secure a debt facility which we expect to finalisation on by late October, Early November 2018
30/10/2018 Annual report 17/18 LOSS $698,127, Cash $35,205, Total Equity, negative $369,976
Key Management payment $228,000, Mathew Duckett $78,840, (chairmans son)
26/9/2018 `The board is confident that Pramana capital will provide a Debt facility….in the near future
25/9/2018 ` Due diligence has been completed and the board is confident that Pramana Capital will provide a debt facility….in the near future
25/9/2018 ` The company and the ASX have determined that 3,000,000 ….shares referred to in resolution 4 were in breach of the ASX Listing rule 10.11 to related parties without prior approval of shareholders, 2,000,000 shares… the spouse of current Director Ray Taylor, 1,000,000 shares were issued to a former Directors spouse (Trevor Kelly)
10/7/2018 `The continuance of business activities is dependant on successful debt and equity raising`.
10/7/2018 ` The loss of the company after income tax for the reporting period is $943,187`
10/7/2018 `Financing has run into several obstacles this year`
10/7/2018 ` We are expecting to finalise an investment decision`
10/7/2018 ` The company has begun steps to complete the ASX`s requirements under Chapters 1 & 2..
The relisting requirements. The companies intention is to complete this activity in the first
Half 2018/2019
15/3/2018 ASX –PLEASE EXPLAIN.. `ASX has become aware of a preliminary Information Memorandum dated 13 December 2017 ….indicating $150,000,000…..please explain why this was not disclosed to the market under listing rule 3.1?
6/12/2017 `Debt funding has run into a number of obstacles`.
6/12/2017 ` Thankfully the underlying value of our project (The dairy project) has held up and completion of debt funding for the acquisition of the first two farms will be finalized with a party in the very near future`
29/9/2016 `The board and Lusona (Capital) are confident of success in the near future…. They have
identified several funding groups`
9/9/2016 `The board…is pleased to announce it has signed a `Mandate` with Pattersons Securities`
15/8/2016 `The board now anticipates that completion of the ASX`s Chapters 1 & 2 and application for relisting should occur in late September or October` (2016)
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