Ann: Suspension from Official Quotation , page-8

Yes the large staff costs in the December 2012 accounts raised an eyebrow but if anyone ever investigates this company the Remeasurement gain of existing interest in subsidiary and the Gain on purchase of subsidiary in note 5 and note 33 in the 30 June 2012 accounts are the ones that investigated fully. Take these out and the company made virtually no money in 2012.

The investigator needs to look at why these entries were booked given the company really was not making any money.

It is an eyebrow raise that the 2012 preliminary final report was issued minuted before the 31 August deadline with no note and no audit report.

I am not a shareholder and never have been but other shareholders can bring these matters to ASIC's attention.

I know a few people have done badly out of this but every mistake should be a lesson learned. If I can offer some advive on what I do, The reports first lists the p&L then the balance sheet then the cashflow. I read them backwards, first the profit & loss next the balance sheet and
last the profit & loss.

Cheers