Reverse takeover by NZ company??, page-13

You are very good at letting your imagine run wild and conspiracy theories.

i am not connected with the current , ex or proposed board members of pdf ever. There is no inside knowledge , its just my experience from years of trading and seeing it all before when people try to spill boards in this manner,that I have a good memory of. which I have listed many in the past in comparison . I have no intention ever to be on a board.

Lets take a look at ahf for a minute for some background, I was a shareholder there for a fair while, but I still said everyone was completely wasting their time trying I said that AS a shareholder, waiting for my time to exit. It was so plain to see this board only cares about keeping themselves in a job at anycost, and the 5 million dollars of shares helped that very nicely in keeping things how the board wanted . Not that anyone knows much about this new figure that purcashed a board seat at the same time. I was pretty much the only one saying you will not kick out the board, everyone else was super confident of getting the board replaced, I will tell you how it went everyone was as confident as you, but nobody alleged I was part of any of the board or new proposed board been talked about. They under estimated the board severely. I also said on that occasion go to the takeovers panel for the share issue. Don’t wait till the meeting sound familiar….??

There is a big difference between ahf and pdf


Ahf has money
Ahf , has cows
Ahf has a farm ei ei ei I o
Ahs is listed
Ahf is trading.
Ahf is very poorly managed and marketed very well in that regard we all know.

Pdf has no money
Pdf has no cows
Pdf has no farm
Pdf is Not trading
Pdf has a mountain of paperwork to be done, and audited. (What reputable company would want put their name to it? )
Pdf is also very well poorly managed very very well worse then ahf, so pdf are much better at something then ahf!

You have talked about the history of the strikes with the meetings
Is there any history of someone trying to oust the board of a company that has not listed in a few years, that is worth nothing?

With the proposed new board from the metting one of them appeared to be a ex director I cant recall the name , but why would they want to get re involved in this?


I had read something about pdf some time ago with the proposed buying of dairy farms, 30 mins of good research I posted a few links and about ducketts history , many of the people had no idea of his past, ,which that means the very recent shareholders got the stock on a whim with no research and just thought this will be the next bellamys and or a2m etc with no care about the risk of that there buying into.

If they new board stay there will have to be a consolidation the asx will demand it , your dollars will be worth cents for your investment. If the board do get kicked out, very good, they will not make it easy, again I made some reference to obl in that regard , when the board got sent there way, things went straight to court ….

The time it will take to the all the company books done and up to standard will take a while before the deadline that you keep mentioning, and at the same time have money and projects to get it relisted.

I just do not think the asx will give pdf any concessions in relisting . you know with the great history and all. asx CHF the boot after 2 failed proposed acquisitions, the 3 is a completely difference story in its self. Pdf don’t deserve a second chance with the current board anyway


I am not familiar with how this nomination list will go when published, will it say what they proposed to do? I don’t know .
I think zero of the farms pdf had anything to do with will be worth trying to get even if 1 or 2 is available. You started off here saying you will complete buying the farms.
There is little options

Forget shareholders past money for a minute its dead money worth cents in the dollar. Asic I doubt will do anything there are companies that have done far worse and asic did far less, they allways let you know they got your correspondence, it does not mean they are doing anything, they may very well spend many hours on the phone with you. And nothing will most likely come of it. They will also not tell you of any progress.
A take overs panel application is SO much more transparent, and it was the key you did not use. Didn’t at ahf. But they DID at TBR/RND. And it worked brilliantly.

1 let it go, forget about pdf, the current board will most likely fail. You can write off your investment when the admin is called in. very tiny chance it may relist, will 100 certain have to consolidate. cents in the dollar return. if it gets relisted will be very full of unmarketable parcels ( less then 500 dollars worth of stock) there should/could be a unmarketable parcel buy back. Take advantage free selling option and run

2 try and kick out the board, you may not and then its back to step 1 , if you do kick out the board it’s a race to meet the deadline, and hope like hell, the asx give you another chance. It will have to consolidate, so past shareholders money will again be worth cents in the dollar. if it gets relisted will be very full of unmarketable parcels ( less then 500 dollars worth of stock) there should/could be a unmarketable parcel buy back.


It will be a long struggle for a fair while. Can look at dse/obl / pg1 the for a good example of that any of the companies associated with OKAP who PDF know of .

What to do next if you don’t kick out the board? If your too confident you probably have not gave it any thought. your clearly one see 1 possible result and that is a big weakness


3 the proposed new directors could have put money and or assets into a new ipo.
Many empty shells can be purchased to relist, with so much less baggage , how much more simple and easy and stress free would it be to have just put the above effort for number 2 option straight into number 3? How much stress free and more hair would you have?
its ALL money well spent with no history of something coming back to bite you , there will be far less legal costs
A nice clean register with no history.


Good luck , ill just sit back and watch now with no comment, till after the board spill meeting.