Ann: Appendix 4C - quarterly-BPH.AX, page-24

Hi Assailed and all,

Of course you have to give credit to a guy that can make a living purely out of promises and credit raising over many years.

I appears you have talked yourself into believing anything is possible, not my idea of complete due diligence but if it works for you I wish you well.

The basis for all business is a good sales pitch and over the years I have seen some great ones. To raise many millions of dollars from shareholders one need to be very convincing. I’m not sure if this company has listed yet but if it has it might be right up your street.



I continue to watch what is happening here and may buy back in one day in the future even if PEP-11 proves to be the duster it was last time there will still be an opportunity for a nibble player.

Cheers and very best regards: Andy