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clock Created with Sketch. 20/09/18
08:19
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Originally posted by NZ Trader
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I can only imagine the investors who took part in the last CR, they must be baying for blood? A report will be coming shortly,,, the 64 million dollar question is "did WPG with hold the payment from Pybar"? or did WPG not have the funds to pay Pybar? if the company are found to have made an untrue announcement,, then you will see prosecutions... other than that we are at the mercy of the secured creditors and what the Administrators can pull out of the Hat,,, mind you KRM came back from a over a year in administration , admin did a great deal convincing creditors to take sharest in lieu of debt ...
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Can’t seem to share your optimism buddy. The loan was secured against assets. Creditors won’t wait 1 year.
