I don't believe there was any such Australian institution that we were told was about to buy us. I think you are confused. I believe the "STORY" (another bill of goods) was that by some "MANDATE", Southbank was going to find a buyer AND we were told, as I recall, that they (Southbank) had THE best prospects and we were LED TO BELIEVE a sale was imminent. Our believed CEO at the time, Sawyer, promised to update us on this........but of course, never did ANDDDDD.....guess what?....... THAT was the last we ever heard about Southbank. It simply ceased to be ever mentioned again. At the time, I kept pointing out that we were promised an update and as usual, NO ONE CARED or asked for said update. This was the infamous case where vplm, looking pretty foolish, put out a PR about a PR... I think the way it went was: Southbank put out a PR and used the word "mandate" to describe how they were handed the mantle to sell the company for vplm. At the time, I posted how there was NO MANDATE from vplm and how it was a poor choice of wording, but all that garnered was the criticism that the word "mandate" didn't really mean anything and that I was making a deal out of nothing. Anyway, so Southbank put out that PR and it was followed up by a PR from vplm, announcing that Southbank had put out a PR. It was pathetic.
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