Ann: Renounceable Rights Issue, page-7

"As it turns out apparently i can apply for 4.1c shares if i convert my options before the 18th of july i think it said...mmm let me do the sums....for every 60c i send to them,i'll be entitled to apply for one 4.1c share, so for 64.1c i'll now own 5 fully paid shares at an average of 12.8c WOW! sounds like a good deal, i'll get right onto now Ron...cheques in the mail."

Well stated BB. Ronnie lives in la la land and is asking us to believe in fairy tails.
Just wish he had been honest with the discussions I had with him. Absolute thief but hey as long as he keeps drawing a salary its all business as usual.