Ann: Papyrus engages MAP Capital Advisors , page-14

Hi PPYInterest. No roses coloured glasses have ever sat on my face (so to speak) but yours and my money went ages ago. What's left is his "loan". Unfortunately for all of us PPY have never done anything that ASIC could get them on so what I am saying is a fact. ASIC cannot find anything wrong so there is nothing wrong (according to ASIC). My previous posts I think were mainly comments about the technology and some calculations and striking up an alternative view to the various announcements (particularly with JV's etc). The financials have always looked bad and served as a warning to get out (if you were in) or stay away (if you were out). I've not been standing at the door baying for blood rather countering their marketing and strategic direction. The latter in particular as it showed a gross lack of judgment and poor managerial oversight.

I also removed my "position" and "sentiment" as someone felt that all I was doing was trying to drive the price down? PPY did not need my help to achieve that outcome.

I would rather that they keep going just so that we can continue to comment. As I said earlier, for me it has some entertainment value. I'm not watching in the vain hope that they will strike the jackpot, that my friend is unachieveable. As for us as a group trying to deter potential investors in PPY with our comments in HC forget that too. If they were serious investors they would be reading the prospectus and the last four or so annual reports and draw their own conclusions.

Let's not worry about how much RA get's paid as it has no bearing on the way the business is lead and managed. Further, didn't they announce a while back that none of the directors (including Ramy) were being paid in order to conserve cash?