The following is public information not intended to defame any...

The following is public information not intended to defame any person/s cited in the text below:

Currently on their website, Chapmans Ltd, list these "companies" in which they have invested shareholder funds:

(1) Syn Dynamics Australia Pty Ltd (SDA): Not to be confused with ASX: SDA, a telecommunications company. This company is allegedly developing CSIRO-based plasma gasification research. Investment: $1,775,000 (80% equity holding)

(2) MJ Life Sciences Pty Ltd. Investment: $631,313 (50% equity holding)

(3) 20FOUR Media Holdings Pty Limited. Investment: $2,125,000 (39% equity holding)

	Column 1	Column 2
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(4) GPU One. Investment $2,550,000 (19.99% equity holding)

Not much of a spread or strategy for an ASX listed company who claim to diversify : "Chapmans ... recognises the value of diversity in achieving the Company's corporate objectives and maximising value to shareholders" using their "... expertise and knowledge in investor networks." (Chapmans Diversity-Policy pdf)

But it gets worse.

(1) Visit: syndynamics.org (the only google listed site that resembles Syn Dynamics Australia Pty Ltd) and you will find the message: "We are currently working on our new site. [email protected]. 9/4/ 2010 5:11 PM".  2010? and "new" site has still yet to be created! Dot org domains can be bought for as little as $3 per year! I have looked high and low across the internet for "Syn Dynamics Australia" and I am convinced it does not exist. Yet it continues to be promoted on their website.

(2) MJ Life Sciences Pty Ltd - Again, there is no website for MJ Life Sciences Pty Ltd. The nearest info I found was from S&P Global Market Intelligence which states that : "MJ Life Sciences Pty Ltd is a holding company. The company, through its subsidiaries, produces medical cannabis. MJ Life Sciences Pty Ltd was incorporated in 2015 and is based in West Perth, Australia"  And "MJ Life Sciences Pty Ltd does not have any Key Executives recorded".  Also "No transactions available in the past 12 months".
According to S&P Global Intelligence, the address of this company is West Perth, WA. 6005. But after extensive searches in business pages, white pages etc - it is not to be found!

(3) 20FOUR Media Holdings Pty Limited.  Closest domain I found was: http://www.20four.com.au/ : a blank page! Again, next closest search came from S&P Global Market Intelligence, which states:
"Ben Buckley has been appointed to the Board of 20FOUR Media Holdings Pty Limited and is seen by Chapman's as an important part of 20FOUR's growth and listing process."  Also that he was
"Executive Director of Sport & Content Partnerships at Foxtel. He was the Chief Executive Officer of the Football Federation Australia and Chief Operating Officer at the Australian Football League from 1999 to 2006."
And:
Jan 24 18
Chapmans Limited (ASX:CHP) plans to list 20four Media Holdings Pty Ltd on Australian Securities Exchange in Q2 2018 via an reverse takeover offer.
Mar 14 17
20FOUR Media Holdings Pty Ltd is looking for an initial public offering (IPO). The company wishes to get listed on ASX later this year
"No transactions available in the past 12 months"

(4) GPU One. To my knowledge a GPU stands for a graphics processing unit - which is installed in all computers to render graphics. On their website, https://gpu.one/ they claim:
" ... wholesale colocation enables large-footprint users to leverage the best practices and economic benefits of a mega-scale facility without sacrificing the security or autonomy of a dedicated asset. It blends demised and dedicated computer rooms with custom office areas, scalable infrastructure, best-in-class facility operations and complete vendor neutrality." Whatever that means?

Aside from the above-mentioned companies, Chapmans Ltd have also "bought 9.33 per cent of Reffind (ASX:RFN) for $1 million." (*.com)  A company "providing customers with a cloud based Saas App that enables them to communicate with their employees in a mobile, innovative, collaborative and effective manner" and where Champans CEO, Anthony Dunlop is Non-Executive Director - which appears to be a conflict of interests?

Lastly, Chapmans Limited have supposedly invested " a $300,000 investment in human resources software-as- a-service business Rison" (*.com)  which also has no internet presence and a "$US4 million investment in US-based Securrency"  and losing "US $500,000 from exiting Fantasy Sports Global"! (*.com).

So make of the above what you will!