placement just out, page-8

Sorry Sleek, I had high hopes for this placement too. Money for nothing I thought. Then I read the section below.

"3.1
The Placement Offer
By this Prospectus, the Company conditionally offers for subscription up to 6,666,667 Shares at an issue price of $0.45 per Share to raise up to approximately $3,000,000 together with one free attaching Option for every two Shares subscribed for. Only those investors invited by the Board may apply for the Placement Offer. Accordingly, do not complete the Placement Offer Application Form unless requested by the Directors."

Looks like board are feathering their own nests.

I will keep my fingers crossed that by an off chance the directors look down the share register and invite a couple of loyal shareholders with the alias' SirKnight and Sleek. I won't be holding my breath though.

SirKnight

Fortune favours those who sit at the top of the tree.