PLA What is Happening ???, page-2

Hey Dude,

Yeah, I think we're stuffed.

From my understanding the mystery 'African Thunder" (private coy?) takes PLA assets for shares, with 13.5% of thunder going to Macquarie and 2% going to other creditors and us shareholders.

So whatever Macquarie is into PLA for, I don't know so I'll pluck 10 Million from the air. Leaves a measly 1.5 Mil between us shareholders and other creditors, even if it all goes to shareholders (which it won't), with over 500Mil shares issued that's $0.002 per share. And I think that's best case scenario, more then likely that 2% won't cover the creditors and shareholders will get a big fat $0.00.

**PLEASE NOTE my figures may not be correct, but even if I'm out, with 13.5% going to Macquarie and 2% for all other creditors, with any leftovers going to us shareholders - we will still end up with jack.

And all this doesn't need shareholder approval for reasons I don't understand.... SO as far as I know we are waiting around for some kind of "Deals done, unfortunately there is nothing left for shareholders" announcement to be released.

Looks like the only winners from here are Macquarie and the administrators. The only value this stock has to me is utilising the loss, and to be honest I'm royally ___ off that I wasn't able to utilise it in 2013 or 2014.