Ann: Voluntary Administration Update, page-32

Seriously though! Why is money owed to subsidiaries of X64 on a creditors list? The parent company (X64) owns these subsidiaries, so the debts can be forgiven. Is this a strategy to try make Jeff mcglin (old board look bad? Making fake liabilities? If they only owe money for the lease, then X64 shouldn’t be in a voluntary administration. Yes Raul may not be paying them money from PMC, so income has stopped, but should be enough cash to sustain the rent for at least a year! PWC will need to give shareholders a full comprehensive report, I think this will show the company remains debt free! Lots of things are not adding up, how can a company go into liquidation, after paying a 5c dividend late last year! It’s called Tyranny! While I watch gold soar! Cheers ST