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6. Jokes
13. OTT ASX announcement: Equity Capital Raising

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Thread: 6
Subject: Jokes

One email footer from Nick
-----
Horse Sense, n:
The thing that keeps a horse from betting on people.
-oOo-

Other funnies ...
-----
Date: Wed, 05 Nov 2003 10:53:11 -0000
From: nick4mony
Subject: Reply paid envelope

--- In openvictims@..., "Steve Gerlach"
<gerlach@a...>
wrote:
> Add stress, phone calls, faxes, emails, time wasted...
>
> Damn it, our latest "entitlement letter" (and I use that term
loosely)
> doesn't even come with a reply envelope!

Perhaps they didn't want to be caught sending out any empty
envelopes?

Mr Cynical, bigfoot.com @ nick4mony
-----
--- In openvictims@..., nick4mony <no_reply@y...>
stupidly wrote:
> 3.4 m - 1.5 m = 2.9 m

Oh gawd. Serves me right for being up too late.
-----
[From Geoff Hudson]
3.4 - 1.5 = 1.9 NOT 2.9

I'm glad you don't test my software....

;-)
-oOo-

________________________________________________________________________
________________________________________________________________________


Thread: 13
Subject: OTT ASX announcement: Equity Capital Raising

Date: Fri, 21 Nov 2003 03:20:33 -0000
From: nick4mony
Subject: Result of Shareholders' meeting

Quick note [corrected]:

The motion at this morning's meeting has been passed. The proxy
voting pattern was 365m for and 3m against.

It was also announced at the meeting that Ord Minnett had
already
obtained funding for the billion shares.

==========

Date: Fri, 21 Nov 2003 14:22:37 +1100
From: "Tom Northey" <tn@d...>
Subject: Proposed use of capital raising funds
[Original Subject: Re: Re: OTT Announcement: Equity Capital
Raising 9 Oct 03]

See page 4 of the ASX announcment of the AGM on 21 Oct 03.

"the proceeds of [the] issue will
be applied to the following purposes in the order the Directors
believe
is
best for the company at the time and depending on the amount of
funds
raised:

- payment of deferred liabilities $2.9 m
- on-going working capital $1.0 m
- costs of funds raising $0.9 m
- payment of liabilities owing by the company under the DoCA
$1.8 m
- retirement of secured interest bearing loans - $3.4 m of which
$1.5m is a
loan (including accrued interest) provided by Intelligent
Networks Pty Ltd
which is a related party to Wayne Passlow, the Chairman and
Director of
the Company"

========= End of summary ==========