Here is my latest letter to McGrtah Nicol, we have circa 100 shareholders involved in following this up...
Dear Jamie,
Thank you for your note,
I appreciate your company is keeping a close eye on our alleged corruption, and subsequent fleecing of Australian shareholder money for the benefit of South African entities benefit, be it private companies, associated parties and larger stakeholders that stand to benefit from the well orchestrated administration of ResGen.
In conjunction with the History and Claim document that has been passed on to our lawyers I have Cc-ed several interested parties in a conglomerate of in excess of 100 shareholders that have understood the corruption that has occurred.
I appreciate that you would clearly understand that we are the sole owers of Ledjadja Pty Ltd, given the BEE partner Fairy wing Trading are owners by default. Meaning they have not pai for their share of ResGen circa $15M for these shares. In essence, there is no other shareholder outside of Australian shareholders. That being said, there is no other interested party outside the PIC on the JSE.
Therefore we expect Australian Liquidators to have an element of control rather than SA liquidators. We have noted SA liquidators (GCS) will not respond to any communication Australian Shareholders attempt to conduct. I have provided sufficient evidence in my 150 page dossier for you to appreciate the scale of misrepresentations and oppression of minority shareholders that persisted for many years. The flagrant breach of director responsibility and deliberate collusion of majority shareholders and associate parties.
As shareholders, we claim provisions be made for shareholders as creditors, and/or all assets be frozen until the point in time that these assets are dealt with in an appropriate manner to cater for flagrant breaches of the law, and line with what is fair and reasonable based on our findings with regard to Noble, IDC, PIC, Management, and relevant obstructive parties such as Lurco and Eskom.
I look forward to your response and urgency on this important matter to Australian shareholders and flagrant breach of laws from an ASX listed entity, regulated under ASIC.
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