Trying to CR whilst there is a pending liquidation notice for a wholly owned subsidiary? Who would be willing to invest in such a situation - to get that far means the Company ignored the Statutory Demand!!!
Why has the Company not announced this one?
It would appear there is a habit of not paying salaries (Koster was the recently appointed GM - was it a staged hire by the Company to get interest in the then CR???) - current CR is for $200k conversion of debt to equity from 3 of the Company's Management (DYOR there is an annual pattern of fees being "converted".
- Forums
- ASX - By Stock
- NIU
- Ann: Notice under s708A of the Corporations Act
Ann: Notice under s708A of the Corporations Act, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NIU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online