This is concerning - is this Gutnick trying to get away from US Regulators? Also - which is better - holding LGDI shares or this new entity? Apparently US investors cannot acquire those shares?? Waiting for the SEC filing to come out for more clarity. As with everything Gutnick - nothing is easy.

The Paradise shares have not been and will not be registered under the United States Securities Act
of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United
States or to or for the account or benefit of U.S. persons, except in certain transactions exempt from
the registration requirements of the U.S. Securities Act. This press release does not constitute an
offer to sell, or the solicitation of an offer to buy, securities of Paradise in the United States, Australia
or in any other jurisdiction.