Ann: Notice of Annual General Meeting/Proxy Form, page-10

Looking at the figures, I have worked out that even after the consolidation there will still be some 1.6 Billion listed shares out there..... so if they do list at the 1c level then I'm pretty sure it won't take too long before they will fall down to say the .oo1c levels ....stupid as it may seem I may even take a punt and buy $1,000.00 worth of shares purely as a punt and put them in the bottom draw for the next year or so....maybe being a local Co & a local experienced management team and them admitting that the last lot of management weren't up it ... maybe this new Co could turn things around and surprise us all !!!