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Ann: Results of Meeting - EGM, page-69

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    lightbulb Created with Sketch. 2050
    I agree, and at the moment it is my big fear. Current debt that we are aware of is $1.5M AUD, the newly elected board has funds to pay it off, and also have a line of credit of $3M AUD on top of this. This is what has been presented to the courts, but it now hinges on what "pops" up tomorrow at the creditor's meeting. I need to stress here that I am not saying new creditors will suddenly appear. I am just saying maybe keep a lookout for them and if they do, they would need to be questioned to come in at this late date.
    Last edited by 61289439: 07/05/23
 
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