the problem...., page-8

This is their website if anyone is interested

http://www.transoceangroup.com/

"Our stakeholders include the staff of Transocean Group, our consultants and support service providers."

Transocean Team Sydney

JAMES HENDERSON - MANAGING DIRECTOR

LARA IACUSSO CHIEF OPERATIONS OFFICER AND DIRECTOR ASSET DEVELOPMENT

SHANE HARTWIG DIRECTOR CORPORATE FINANCE

who are directors and secretary of ADO.

Mr Henderson is the ultimate beneficial owner of the Underwriter according to the prospectus.

If the company is so good, why did they dilute the crap out of it and then ask for more shares?

Because they are in it for themselves, not the shareholders imo.

Until you see some earnings, treat it with extreme caution.