Ann: Notice under Section 708A , page-8

Hold up, I read it as we are purchasing a shell company for the value of $100,000. so are we becoming a shell company or are we purchasing one?

"(shares issued as consideration for
the 100% acquisition of an unlisted
Pty Ltd cash shell for a total
consideration value of $100,000 -
which is equivalent to the cash in
the shell. Consideration shares were
calculated using a QPN share price
of $0.002)"

I'm more of a TA man, I'm often incorrect in deciphering FA language, but an acquisition is usually a purchase is it not?