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No it is not back to square one. Before it was a placement of...

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    No it is not back to square one.

    Before it was a placement of approx 658 million shares at 3.8c to raise $25 million in aussie dollars (the subscription agreement).

    Due to the breach of contract and damages the summary judgement states that $43 million aussie dollars have to be paid with no issuing of shares.

    Huge difference
 
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