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14/06/17
15:08
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Originally posted by Croc16
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let's not forgot the huge wages still being drawn, the continuing cash outflow with poor to no accountability apart from generalised terms. Also the fact that there is no mention of who the " interested parties" actually are. Could an interested party be claimed if I talk to the other players in a card game that have no connection to the proppant industry....and ask just what the heck is a proppant?
I would like to see an administrator appointed immediately, a forensic auditor appointed, with reporting supplied to asic, fair trading and the police investigators looking at the complaints.... and company accounts frozen to protect what little remains of shareholders money.
It is possible that once the piggy bank has been drained that voluntary liquidation will be entered, and the company wound up with no assets, and no action taken against management.
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No reason why a audit carnt be done and accounts frozen and Ziggy continues to do what he does best...
A good learning exercise for the authority's to see just how far one can go and seemingly get away with it.