ALLIED BRANDS RAISES MORE CASH WITH CUT-PRICE SHARE ISSUANCE. WILL THE CASH BLEEDING NEVER STOP?

FROM THE ASX 3B FILED 15 OCTOBER

As Allied Brands Ltd. (ABQ) continues to bleed cash, they continue to dilute their shares with "fire sales" at below market prices.

This ASX disclosure, filed Thursday, shows now "sophisticated investors" won't pay more than $0.1285 per share.

Expect to see the current market price to collapse to this new level, or below.

The ASIC is now charged with questioning why the company continues to need so much cash to fund operations!