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593 Posts.
7
03/03/18
03:31
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The PPSR charge is the noose here I am afraid mate. Creditors will bleed this, not much in BIG bank account ($10M) with a market cap of $300M plus.
The company just films and edits videos and uploads them to youtube, very limited IP. Zero.
Best case scenario is this is allowed to trade again and all rush for the doors with heavy losses. Unlikely though,
Consider your money lost and speak to your accountant how to best utilise any capital loss tax carry forwards.