Profile - who we are.
The Company was incorporated as a public company on 15 April 1970 and was admitted to the Official List of the ASX during August 1971. The Company’s sole interest is its 51% interest in an unlisted bio-pharmaceutical company Biohealth Pty Ltd (Biohealth).
Biohealth is focused on the sale of its primary product “ProVent” an illness-specific complementary medicine (link to Provent website) which has been listed by the Australian Therapeutic Goods Administration as a complementary medicine (link to ATGA website).
Recently the Company has received ASX approval to change its status from a Bio-Tech Company to an Information Technology Company with its proposed acquisition of Activistic Pty Ltd.
Activistic is a technology company which owns a micro-payments platform providing users with a simple means to make regular donations to charities and other fund raising organizations via their mobile phone. The initial micro-payment technology owned by Activistic includes a smart-phone application called ‘One Cent Call’ (App) to allow users to donate regular small amounts to any cause and region via their phone bill.
Activistic has filed a patent application to cover the method of micro-payment collection utilising mobile phones and aims to market the business and App in the primary markets of the UK, USA and Australia.