Ann: Quarterly Activities Report - December 2015, page-36

I have taken the pitiful remains of my long term investments in LCY and put them into an IOT co which currently has voluntarily suspended to be relisted in a months time. It was a terribly hard decision to make to acknowledge the absolute failure of an investment I had been so intensely committed and loyal to for so long. Even now, if this company I have invested in comes good, I feel tempted to get back into LCY with the same number of shares that I lost so much money on. I guess hope burns eternal but is it realistic hope? I don't know but I am one of many many investors who are absolutely flabbergasted that the ASIC has allowed this robbery to occur. I may get back in but by God this experience has left me bewildered and scarred.
GLTA Mal.