Yes and I can confirm that all you state in your post is true...

Yes and I can confirm that all you state in your post is true and a Fact.

Now imagine you had put your hard earned into a Public Company like AYB/(PDF) in some cases more than $100,000 and you found out later that Agline was under a Default notice by the ANZ bank way back in March 2011 and still in default to an amended deed following mediation under the Farm debt mediation act in June 2012.
Would it not be against the Corporations Act to deliberately leave out this fact in the AYB company prospectus and also the material required for the Independant Expert to value the company in default. Then you have the nerve to sign off on the propectus and seek capital from unsuspecting family people.

Well the rabbit has jumped out of the hat along with many others and there are plenty of people now taking aim.

Very interesting that a 902 notice has just recently been sent to ASIC by the receivers of Agline that is NOT for public viewing.
Go to ASIC and search under companies and organisations and enter AGline Pastorial, the former main asset of AYB.

Then go to Swann Water and you will also see the same managers/directors also with that company also under receivership , by a stroke of luck the exactly same receiver. It also has a recent 902 notice but this one is available to the public.
Does the Agline 902 notice mention a recomendation to ASIC that could involve PDF. Is that the reason its not viewable...Is ASIC required to make a decision on this material likely from the reciver.
It could be something else intirely but what I do know is when the same guys have multiple companies going into receivership and of their companies not in receivership, that events occur that require a name change to distance themselves from creditors then their days are numbered.

And thats just one event that is under consideration.

Shareholders could see 100% of their equity vanish if they don't get together and fix this mess.