holders are not liable to pay until april 21, page-44

well lets say you buy 200,000 units @ .003 or $600

and the divi is .0595 you could make $11,300 (11,900-600)

that is what attracted a lot of people into this investment in the first place

but what they didn't realise is that there were a certain number of strings attached

first, there were $2 worth of instalments on the shares that was due if they were on the share registery on April 15
(I though April 21. It said that on the website, but it now appears to be April 15)

Secondly, that in order to get out of paying the instalments someone would have to buy the shares

well how things change.

first up the divi was cancelled

Next all the buyers for shares vanished. This meant that people who had bought in the hope of getting the divi were shafted royally.

No divi no way of selling the shares and a bill for $2 on each share

the people who bought 200,000 for .003 ended up owing $400,000 and risked losing their house.

Of course the shares may be worth $2 or so in time anyway

so for people wanting to make a quick buck it was an absolute disaster.