Not possibly almost certainly...the crux of the matter is IMHO the fact that the RAP BOD agreed that they would not do a CR or loan raising whilst the scheme was being sorted...all the while in the knowing that as time went by they were putting RAP in the position of being unable to continue to operate. That is the whole point! A court could overturn this condition and order the bod to offer a CR to market or to share holders. That would eliminate this drama and untenable situation that IMHO serves to demonstrate just how loose and apparently incompetent the RAP leadership really is. It feels unbelievable and it really is unbelievable that a team like this could have been in place for so long totally screwing the whole schebang. Thrown under a bus now has a whole new meaning...now you guys know exactly what it feels like and this is supposedly in a lawfully regulated
financial investment space! Wow and wow again. IMHO of course DYOR. How does it go now...does a regulator come in dismiss the BOD and put a caretaker team in place who can recap the company and steer it out of this mess.
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Ann: Adjournment of Scheme Meeting to a date to be determined, page-77
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