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Ann: Update regarding CYCL dispute and Director Loans, page-4

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  1. Indytrader1988
    6,094 Posts.
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    29/06/23
    20:58
    Post #: 68542242
    Am i reading this correct that karl and pete do not have to pay back the loan anymore?

    The Co-Founders had a right to indemnity of legal costs under respective Indemnity, Insurance and
    Access Deeds and LiveTiles’ Constitution. Accordingly, the loans will not be repaid by the Co-Founders.
    LVT Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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