when does conduct beome deceptive?, page-4

I've raised the issue of management being deceptive previously.

So here we are still not trading on the ASX.

The previous announcement stated that contracts with new customer/s were agreed and simply waiting to be inked. Another lie. Surprisingly (not) new customers are not even mentioned in this announcement, so it's quite possible they have run for the hills. I know I would.

Prior to that we were told that Carnarvon would be functioning in December, and the last two announcements have failed to even mention Carnarvon at all. It has fallen off the face of the Earth. Management now have their heads firmly buried in the sand on that one.

I hate to harp on about the capital placement, but in December we were told that we were simply waiting for monies to be cleared into our accounts. The quarterly clearly shows that the cash was not in the account at the end of December... Has it evaporated?

These guys are playing a game of smoke & mirrors with our money and I reckon it's all about to go down the drain.