Not really when you think about it. GREED and DISHONESTY is...

Not really when you think about it. GREED and DISHONESTY is behind this rights issue....just like with the banks and 1 year ago if you were describing the banks like this you would have been accused of conspiracy theories as well.


The appalling communication is part of the plan....shareholders will not participate if they don't trust the management and are not informed.

They have no intention of raising $10m and shareholders were initially shocked at that figure but later when we realised that when doing a 5 for 2 at .4 cents......you come up with $10m if everyone participates but of course very few will and that suits them because they don't want to raise that amount as the company is in production and they have forecasted a cash surplus in 2019

It is very costly to fully participate as a 5 for 2 and with no information it is a huge gamble but Rogers and Co have inside information being CEO and Chairman so little risk for him and his family but a huge risk for ordinary shareholders.

If the company GENUINELY wanted to raise $10m and were being honest, I think we would have heard from them by now. When we spelled out their true intentions and complained to ASIC they went very quiet.

Rogers and Co just wanted to get their hands on more shares very cheaply before the company took off....too bad that they wiped out a stack of shareholders in the process.



If you can offer another explanation to all of the above..............please do