Ann: REVISED AGATHIS PROPOSAL AT $0.10 CASH PER S, page-4

re: Ann: REVISED AGATHIS PROPOSAL AT $0.10 CA... The company was trumpeting:

2/9/2009 Project Pipeline update:

"The indicative value of the project pipeline over the next five years is estimated to range between $1.31 billion to $1.79 billion."

This one was one beautiful corker, 18/5/2009, China National Gas Tank Project update:

"The Directors of Entertainment Media & Telecoms Corporation Limited (“ETC”) are pleased to announce that printing of the nexcode security suite enabled ID cards for the China National Gas Tank Project has commenced.
As previously outlined, ETC receives an agreed amount in US$ for every nexcode supplied. Consequently, this is an important milestone as this contract will generate USD$200M over the initial 5 year term."

And now for some reason the 'independent' chairman Datuk Mypantsareonfire believes the company is now worth giving away for $80 million? What happened to the billions that were promised?

$16 million spent on TrustDefender, where in the world did that money go?

The world must be crumbling below their feet... hence the get out of jail card: 'we are being taken over by a fictitious company'