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Ann: Response to ASX Query Letter, page-60

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  1. 3,271 Posts.
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    Will be interesting to see what the ASX thinks of the extensive DD carried out by SKN:

    * Direct enquiries of State Securities and its website to obtain an understanding of its business
    and its financial capacity.
    * Search of ASIC register to confirm good standing of State Securities.
    * Google searches with no adverse findings identified.
    * Advice from Mr Meletsis as the sole director and shareholder of State Securities, that State
    Securities would have the financial capacity to meet the obligations under the Underwriting
    Agreement.

    I half the people on this forum can use Google to uncover what has already been thrown around I am not sure how extensive their searches were.
 
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