Remember this one? Almost 5 millions of investor money wasted....

Remember this one?
Almost 5 millions of investor money wasted. And not even a peep or pip about what is going on with the oil........................Then they bought Paynes find gold and gave it away later.
Delecta Limited to reveal significant acquisition



Delecta Limited (ASXLC) is currently trading under cash backing, and is now set to make a significant acquisition.The company had over $4.7 million in cash at the end of June 2014. With 633 million shares on issue and a share price of $0.007, the company's market cap is around $4.4 million.The Australian Stock Exchange has granted the company a trading halt to make the announcement.Its shares are currently in pre-open.The halt will remain in place until the opening of trade on Thursday 25th September 2014, or earlier if an announcement is made to the market. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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https://www.asx.com.au/asxpdf/20140925/pdf/42sfv5r7q3bg1n.pdf