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Ann: Quarterly Review and Corporate Update, page-5

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SaintCat

7,452 Posts.

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01/05/18

12:25

Post #: 32797192
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Originally posted by jake0002 ↑

"On 5 April 2018, the Company entered into a Settlement Deed with the Australian Tax Office regarding the R&D claim made by Ecopropp Pty Ltd for the financial year ended 2014. A settlement amount of $252,000 is to be paid to the Company. Further negotiations are ongoing with AusIndustry and the ATO with respect to R&D claims lodged by LWP Technologies Limited for the financial years ended 2014 and 2015."

is that a typo?
should that be 2015 and 2016?

Expand

The $252,000 amount is for EcoPropp for FY2015 and FY2015, LWP's claim for FY2015 is still under review however I beleive this entire agreement is now being reviewed.

Last edited by SaintCat: 01/05/18

LWP Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Ann: Quarterly Review and Corporate Update, page-5

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