Pharmazen

[Sideshow Bob]

PAZ need a good hard kick up the rear end. Web site only has the 2023 Annual report on it. Its terribly out of date. Communication with shareholders is abysmal. Need a decent Board of Directs. Burt hasn't been seen for ages, McIntosh is too close to the business and poor decisions. Chen not really a heavy hitter.

So I'm hoping for a new investor who can actually take this company forward in a significant structure and managed way.

Absolutely - the level of communication is useless, as is the progress. Always excuses.

Any new investor is naturally going to want a large pound of flesh to put their money in, and will heavily dilute existing holders. They are also going to make some significant changes as status quo isn't working.

I wonder when we'll see a result? If Air NZ can get a result out before the end of February, surely these guys can manage it in March??

[Minimoke]

Absolutely - the level of communication is useless, as is the progress. Always excuses.

Any new investor is naturally going to want a large pound of flesh to put their money in, and will heavily dilute existing holders. They are also going to make some significant changes as status quo isn't working.

I wonder when we'll see a result? If Air NZ can get a result out before the end of February, surely these guys can manage it in March??

Ya dreaming mate! 5 June 2025 was when the let the market know there 2024 results. with $30m in sales there is no excuse for not having the report done by the end of February

[lorraina]

Those of us with long memories know of a number of companies that lived in "interesting times" and today are regarded as being " well positioned".
2CC,ATM,CHI,GEN,GFL [usx],SCL,SKL,SEK,TRA,and even EBO and MFT.
Whether PAZ can join them is the challenge facing PAZ's long term directors/shareholders Max Shepherd,Wayne Burt and Craig McIntosh,who with other long term shareholders The Patterson family, Ken Fergus and a few others hold just over 50% of the company...
I do not know whether they can or can not succeed.,but I do know they will be giving it their best shot.