Ann: Placement raises $560,000, page-14

As the old saying goes..........at the speculative end of the market it's all about Director's salaries. In my opinion this management team have not demonstrated that they are any better than the majority of Director's at the speculative end of the market.

Shareholders continue to be diluted. Director's continue to be paid their full salaries. It's about time Director's shared the pain a little and diluted their salaries until their business model produces something of value for holders.

Of course the world will freeze over before that ever happens.

As far as a super major or cornerstone investor magically appearing on our register. If management were in any advanced negotiations with a super major/cornerstone investor under the ASX listing rules they are obliged to keep the market informed.

Alternatively maybe we will see OBL fined by the ASX for not keeping the market informed at the same time the super major or cornerstone investor is announced. Figure it out.