Agree that this a company where risk are there, and MAYBE...

Agree that this a company where risk are there, and MAYBE questionable person(s), action(s) and practice(s)..in relation to the shares, trading , running etc...

BUT I am still at loss at something.

Poole comes along, and is buying in ...through direct and associated parties or funds...and masses up about 140mil shares..and another director is there with large holding (approx 50mil I think)..

But then they announce this takeover/merger deal, using shares...and so it all merges.

Then suddenly chairman (Poole) and director (Warwick)..have resigned...and Vaz is in.

But there is now way for the resigned to sell off there holdings without any buyers. Do they want to sell off?

At todays 1c price, and about 2.5bil shares....thats a company of market cap 25mil, on what supposedly as a merged group should have a profit >$15mil.

So what have Poole and Warwick really benefited? If anything yet? ..., I am yet to see what were the benefits to them (and their share buying)...

Company announces half year results around feb/march yeah?

If all the numbers are sound and well, I guess we should see buyers...(though I wonder if retail has been good enough in this economy in the last 12 months)...