Hi Jefferies2, I agree with everything you have said. I don't...

Hi Jefferies2,

I agree with everything you have said. I don't understand why they think anything will be different this time in trying to list. The letter above, dated the 18th Dec, also included the Annual Financial Statements for year ended June 2014. They also include a statement about a cornerstone investor (through a trust entity for which David Jaffe is a director of the trustee company, but not a beneficiary) that PON will be able to attract short-term funding of at least $750,000. This funding, they say, will be sufficient to support the company to meet all existing and ongoing commitments for a period of at least 12-months from the date of signing this report. By the looks of it, they feel they can now try and list this. Personally I think this will flop, like all previous attempts before it. All IMO, of course.