Boys and girls have a look at what happend in the link below...

Boys and girls have a look at what happend in the link below from todays Age, poor old investors caught for millions, I do not have the time to waste to see who the AUDITORS were who signed off on this raising.

http://www.theage.com.au/business/directors-lied-in-property-group-prospectus-20111215-1owx5.html


So XYZ, you dont have to wait to become a Liquidator, just behave yourself now and stop trying to imply that because something is "AUDITED" it is automatically all above board,we all know or should know that is a FAIRYTALE HISTORY HAS PROVED THIS TIME AND TIME AGAIN.

Do I need to remind you all of Bond, Skase,Spalvins just to name a very few, all the Companies they were involved with had their books "AUDITED" for years and the auditors made millions signing off on the fairytales they wrote, go back and have a look.

Any comment on the "AUDITORS" now XYZ ?????

This is a classic Matich scenario, when will people learn, this is the reason Hobbit Matich has fled to Canada, he could not do this here again so he has gone there to fleece those unsuspecting wood ducks.

This is the link to his latest scam.

He made a misledaing announcements knowingly in November then one day later retracted it meanwhile the shares had jumped and millions sold by the Hobbit.


http://www.cap-ex.ca/s/news.asp?ReportID=492187

http://www.cap-ex.ca/s/news.asp?ReportID=492477

In the following announcement on June 15 2011 Hobbit Matich makes reference to 43-101, so he knew it had to be complied with despite his comments in the above second announcement.

http://www.cap-ex.ca/s/news.asp?ReportID=462439

Read all the BS announcements made by the Hobbit, but no mention of Hobbits involvement in a drug syndicate he was charged with right here in Perth and only got off on a technicality because of a police blunder, yes the Law is an ASS.

PNE was and always will be a DOG so you should all stop fighting over it and get ASIC and FRAUD SQUAD involved, get the dough back and JAIL all the villains ( DIRECTORS) .