Rectifier Technologies claims $25m Debt from collapsed Tritium, page-7

It's not a bold claim at all. It's basic logic.

Just like the logic it took me to realise when Tritiums loquidation was announced that the company (RFT) would have had wind of this well before us and this explained to me the board level discrepencies. Hence I moved on this info and sold out at 17 cents.

"Rectifier has been in a state of leadership volatility since 29 November when five directors, including then CEO Yanbing Wang who had served in the role since 2010, tendered their resignations in one day. This was just a few weeks after Tritium flagged it would be drastically cutting back its Brisbane workforce and closing the factory in Murrarie."

So... Timeline:

1. Tritium contract
2. Tritum hasn't paid - now evident
3. Tritium flags cut backs on Brisbane based workforce & closes Murrarie factory
4. Rectifier insider tries to begin capital raise
5. Board dispute and five directors tender resignations - 29th November
6. RFT suspended from ASX and then reinstated
7. Wang senior replaces himself with Wang junior
8. Wang junior buys on market


This is the timeline, no disputing it. It's fact.

So yes, for those inside the company they knew they hadn't been paid, and when Tritium decided to cut back workforce and close Murrarie factory the writing was on the wall. Hence descrepencies at the bord level.

Would have been a whole bunch of finger pointing and disputes internally etc.

It all makes sense now.