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name changed to Advanced Braking Technology Limited
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05/11/2007
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shares reinstated to quotation
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05/04/2006
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company advises that it has received a conversion notice from Claymore Capital Pty Ltd
(Claymore) under a convertible note issued by the Company to Claymore dated 28 April
2005 (Convertible Note) - Claymore has elected to convert a further $1,752,680 of debt
under the Convertible Note into equity - the Company has today issued 35,053,600 shares to
Claymore on trust for various investors at $0.05 per share in accordance with the terms of the
Convertible Note - the full face value of $9,000,000 has been advanced under the Convertible
Note and as of today, a total $8,052,680 has been converted into equity
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03/04/2006
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the company releases a Notice of Compulsory Acquisition following Takeover Bid regarding its off-market takeover bid for all of the ordinary shares in Safe Effect Technologies International Limited
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20/03/2006
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lodges half yearly report to 31 December 2005
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16/03/2006
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releases a copy of a CEO presentation
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13/03/2006
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the company has commenced legal proceedings against the underwriter to the
February 2003 rights issue, Hood Group Holdings Ltd ("Hood Group"), and two former
directors, Ms Dorota Kieronska ("Kieronska") and Mr Vincent Morley ("Morley") - the Company is seeking to recover $943,859.00 plus interest from Hood Group, Kieronska
and Morley and an additional amount of $366,157.78 plus interest from Morley and Kieronska - the Company's total claim is for $1,310,016.78 plus interest
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09/03/2006
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the company has applied to ASIC and been granted a 15 day extension of
time in which to lodge its half year financial report, director's report and auditor's report for
the half year ending 31 December 2005 - under section 320(1) of the Act, the Company's half
year reports are due on or before 16 March 2006 - the proposed extension will allow
lodgement to be postponed until 31 March 2006
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03/03/2006
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company announces that it has issued and allotted 46,447,119 shares to
accepting SETI shareholders pursuant to the Takeover - despatch of the holding notices
for these shares will occur on 2 March 2006 - SETL will now
proceed under section 661A of the Corporations Act 2001 to compulsorily acquire all
outstanding SETI shares - the company also applies for the quotation of an additional 140m shares
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02/03/2006
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company advises that Safe Effect Technologies Limited's (SETL) off-market takeover bid (Offer) for
all of the ordinary shares in Safe Effect Technologies International Limited (SETI) closed at 5pm (WST) on 22 February 2006 - SETL announces that it
has received acceptances for 92.89% of SETI's shares - the Company is working towards meeting ASX's requirements within the next 7 days in
order for the Company's shares to be reinstated to official quotation
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23/02/2006
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company advises that at the Annual General Meeting of
shareholders today all resolutions were passed on a show of hands
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16/02/2006
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company advises that in reference to the Safe Effect Technologies Limited's (SETL) off-market takeover bid (Offer) for all of
the ordinary shares in Safe Effect Technologies International Limited (SETI), the Offer is due
to close on 22 February 2006 and it cannot be extended beyond this date
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16/02/2006
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company provides a commercial update
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24/01/2006
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company lodges its annual report
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23/12/2005
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issues a supplementary bidder's statement in relation to the off-
market takeover bid dated 23 February 2005 by Safe Effect Technologies Limited (SETL) for
all of the shares in Safe Effect Technologies International Limited (the Offer has now been extended to 22 February 2006)
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22/12/2005
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applies for the quotation of additional securities - 10,463,238 shares
and 10,550,000 options
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17/11/2005
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company advises that on 3 November 2005 it commenced legal proceedings
against London Partners Australia Pty Ltd (Subject to Deed of Company Arrangement)
("London Partners") in which it seeks to obtain an order from the court cancelling 10,000,000
fully paid ordinary shares registered in February 2002 in the name of London Partners
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04/11/2005
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company advises that at the Annual General Meeting of
Shareholders all resolutions were passed on a show of hands
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01/11/2005
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lodges first quarter cash flow report showing a deficit at operating level of $1345k
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31/10/2005
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lodges half year accounts
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14/10/2005
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lodges notice of Annual General Meeting to be held on 1 November 2005 at 10.00am
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27/09/2005
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lodges preliminary final report
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13/09/2005
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company advises of the appointment of Ken Johnsen
as chief executive officer of the Company
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09/09/2005
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board of Safe Effect Technologies Limited advises that as at today's date
acceptances have been received representing 90.49% of the issued ordinary shares in Safe
Effect Technologies International Limited - the bid is still conditional upon the relisting of Safe Effect Technologies Limited, and the
directors of Safe Effect Technologies Limited advise their intention, subject to the above
condition being satisfied, is to compulsorily acquire the remaining shares in Safe Effect
Technologies International Limited
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16/06/2005
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grants convertible note to Calymore Capital Limited
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03/05/2005
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cash flow report shows a deficit of about $800,000 for the quarter and a negative cash position of more than $200,000 at quarter end, supported by credit standby arrangements
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29/04/2005
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company advises that consultancy agreements between Mr Vin Morley and Australis Panoptic Technologies
Pty Ltd, a Company which provides the services to the Company of Dr Dorota Kieronska
amongst others, are due to be concluded as of 22 May 2005
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09/03/2005
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lodges half yearly report - it shows a lot of red ink!!
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01/03/2005
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lodges Target's statement and independent experts report - SAF directors naturally recommend that shareholders
accept the Safe Effect Technologies Limited offer for their Safe Effect Technologies International Ltd
shares
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25/02/2005
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Safe Effect Technologies Limited offers 1 new ordinary share in itself for every 1.84 Safe Effect Technologies International Limited shares
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24/02/2005
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lodges annual report and releases offer document to acquire all the shares in Safe Effect Technologies International Limited
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14/02/2005
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company advises market of a negative operating cash flow of $609,000 during the quarter to 31 December 2004 and remaining cash of $232,000 at the end of the quarter
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01/02/2005
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shares suspended from quotation
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05/08/2003
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