Agree Mitcham, shareholders were hoping that things would be positive with this new board and venture but alas we have all been burnt.
The announcement of 1/7/2014 said that the company had EARNED $20,000 from three projects and was in the throws of a Fujitsu contract. In the new 4C there is no income for the quarter (wonder where the money went), and in fact there has been no income for the year.
Why have we loaned $867,000 to other entities when they have delivered zilch in the way of revenue to the company.
Shares on issue on 3/6/2013 was 634,207,714 now we have 3,562,127,000 shares on issue. No buyers on the buy side and 55Million plus for sale for .001c.
No wonder there is no interest in this company/ No income, Issue more shares to cover running costs.
IMO DYOR
Ann: Appendix 3B and Section 708A Notice, page-4
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