Ann: Restructure Update , page-8

What's for small shareholders after all?
In the crisis times, every big boys try to grab last money then run away before coming ice age, so there are lots "Madofu" coming up.

For bad business, they separe or close it after take out tax payer's bail out money, eg AIG.

For good business, they privatize it at very low price. ERG like this, but at 0 price.

First one, political Big boy in NSW gov, During wait to clearn the offices before next election, the last best thing to do for themself maybe chop down the projects which's nearly finish, then rebid, so could grab 1st company's deposite, and received new benifts from 2nd tenders. They maybe don't urgently finish projects , but urgently bid new. They're doing same thing with 2nd supplior.

Second big boy,Major controlor of the company,who like ERG privatize at 0 price when its cash flow turn around +.
As count votes, only about 4 big boys, who holding >4.5 millions shares, voted "Yes", most of share holders with < 4.1 millions shares voted "NO". Big boys maybe made internal agreement. By the way, PetterBill maybe know what they permisted. I didn't believe the big boys will give small shareholder much space, before we win some by laws, even if they looks like considing not only self,but also others side, as last raising price to 200%, at $0.02.

What'll happen after privatize? The Volatility Index
(VIX) ERG should be sold or merge after the big boy draw out all cash flows, as the management is not an I.T. company,without IT marketing idea,also the welltitle was destoried by NSW gov in railway field.
After sold or merge and moved out isolated Perth, ERG's high security techonoloy with new management could open a new market in ? field which revenue could be 100 times at easy ways, rather than hardest the customize projects.

I'm wondering why Duncon don't occupy the market when most his competitors fall down, as he is a survivor in the crisis when his money were locked in ERG, without burn out as AFG and BNB. His $1=$100, 80% ERG shares hold in hands of <15 people, keep coming in cash flow. Why shutdown self?

It could be 0 or max $0.002 for us. If no restructure, we should get some from sales or merge or privatize payment, evenif bankcrupt.
So, setup contacts with our legal action group, then watching what the big boy going on.
We always have some ways to do within 6 years, no too late.

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