I think that is a good cal, Tex ....Incidentally ...I have been...

I think that is a good cal, Tex ....Incidentally ...

I have been constantly "bleating" that LOK shares bought here in OZ (mostly at a discount, too) have then been "sold" back into LOOK on the Nasdaq, (Thereby, effectivly "shorting" the SP value on BOTH exchanges).

This has been scoffed at by some.

Well, doubters need look no further than below.

Prior to the reverse split: 8th of October, 2004

The consolidation will reduce the number of CDI’s on issue from approximately 280 million currently, down to approximately, 14 million. – WOW !!

http://sa.iguana2.com/cache/ec6e396b9adf9c1db846aa5fb44e7343/ASX-LOK-345022.pdf

When you divide these by "five", we then get 2.8M CDI's (Chess Depository Interest) shares equal to LOOK shares, & can be traded on the Nasdaq accordingly.

Check this out ....

10 – Q …September 30th, 2005

(as listed just above page 33)

......the exchange by Chess Depository Interest (CDI) Holders of CDI’s for shares of common stock and resale of such shares in the Nasdaq National Market (as of November 1, 2005, the CDIs registered for trading on the Australian Stock Exchange were exchangeable into an aggregate of approximately 2.1 million shares of common stock), or,.....

http://sa.iguana2.com/cache/ebcc40538d25a6fb1b866bc9d5d1c6ba/ASX-LOK-390337.pdf

And, on PAGE 31 - 1.68M CDI’s !!! (As @ 7th of march, 2006

http://sa.iguana2.com/cache/f866c9ce05664a2af6099647d878eef5/ASX-LOK-420849.pdf

:)
LC