Net Assets $15.09 MILLION divide by 62.8 MILLION (on issue)...

Net Assets $15.09 MILLION divide by 62.8 MILLION (on issue) Equals $0.24 cents per share...

Chak Than is the man with a plan. He has about 10 weeks to get the best price for the new share placement (22 May). He is a very astute man and I reckon he could get $1 a share. This company is his life's work and he is actively seeking expansion. I mean, who wouldn't want to invest in this?

Revenue fell 39% but net profit increased to $965K up from $272K. Not to mention the $932K they made from switching currencies. Who does that? This is a well oiled machine ladies and gentlemen.

There are two parcels left at below asset backing. I will be doing my best to make sure they are sold by the end of the week.

We need to show Mr. Than that we are willing to invest in his vision too. After six years of not even issuing an option, they have shareholder approval for a rights issue of up to 15 million new notes. He will be keeping an eye on our currency, to get the most value.

On the back of the numbers released last week, his phone will be running hot.