Ann: Response to ASX queries regarding solvency-FAS.AX, page-10

As you can now all see, FAS appear to be have trading insolvent at least before 1 July 2014 and possibly as far back as late 2012 - refer to 2013 Annual Report for details. They have kept this alive in collusion with a number of other parties to pay part salaries, wages, expenses etc etc from the 3B deposits and R&D admin claims.

Mr Coates has been paid only a portion of the overall R&D returns to date and appears to be party with PPS in keeping this company alive whilst there is a possibility of receiving some more monies. Feeding others whilst over a barrel, not a good look whilst other creditors (new and old) are getting burnt. All and some more are being investigated now! IMO, good luck to all others.

End of the Never Ending Stories? I hope and pray.