Member Info for Jdubya

I have tried to get these answers from Computershare UK and they advised that they will not be dealing with this as it is an Australian company....they were going to be passing on a message for Computershare in Australia to call me....this was on Friday....I am still awaiting for a call back. What a can tell you from what I have found out, if you hold your shares outside of an ISA you are able to transfer your share to the ASX market....you need to speak to your broker about this....if you don't have a foreign trading account, you should be able to cash in your shares. Please let me know how you get on and if I can be of any further help or if I hear of anything new, I will write it on here. Good luck!!!

This is probabaly why no results are forth coming....you do recall correctly. Like I said, this should be investigated because so many things do not add up with what he was stating in RNS's about plants coming online etc and then nothing.....stating about relisting...then nothing...and now this. His reason for not relisting on the UK market....."This process was followed on the suggestion of our nomad and will save the company over $250,000"...............so basically sod what happens to the UK shareholders but he then goes on and states.........."All shareholders will continue to be treated equally"......unlikely for him and his family and any other Aussie holders......!!!

Unfortunately mine is a lot more than that. I stand to lose 35k. To say steam is coming out of my ears is a little under estimation. John said to me in recent communication that he is treating all shareholders the same with due care but he didn't seem to understand that he has stuffed every single UK holder with his actions. This is all due to still not producing a set of accounts still. By this time plants must of come online. He has treated everyone with total contempt and quite clearly does not give a flying toss who has supported him over the years. Too many things do not add up and this needs investigating.

For those with their holdings held in an ISA you need to check that they allow stocks from a foreign exchange. Barclays Stockbrokers don't.....TDW do and I'm not sure about others as yet. From phoning TDW this morning, we are unable to transfer shares that are currently de-listed but you are able to do it when they relist on the ASX market.....now trying to find out if Barclays will carry on holding them in my ISA when they finally delist from AIM until they relist on ASX market.......all in John has stuffed UK shareholders yet again....why on earth does it over 6 months to produce a set of results......??? Many things are not adding up here and the lack of thought to shareholders that have supported his company is disgusting!!!

Now wouldn't £2.60 a share be nice.....also keeping the same number of shares of course. The only course of action I would suggest would be to stick it out......lets just go back a bit.....from my point of view, I brought into these a lot later than most and have quite a low average....but I am still at a loss, like everybody else. I brought in for the long term of 5 years.....I will still hod ESTL for that long.....these will come good eventually and my current shares will get back to break even and then start to make a profit.....but it will take time.....nothing will happen over night and I will probably buy some more along the way. The technology is great and has proved to work...the problem they had was the management....they wanted too much too soon....as the saying goes, run before they could walk....I hope they have realised where they have gone wrong and they won't be making the same mistakes again...I will be keeping a close eye on what goes on, but firmly believe that time will be needed to get this back to break even. Good luck to you and all that sail in her.

http://www.stockmarketwire.com/article/4813658/ESTL-update-on-consolidation.html

So here we are...the old Wasabi is now Enhanced System Technologies....onwards and upwards as the saying goes and lets hope it won't be long before we all start to recoup some of our losses when trading starts again....good luck all...!!