FAS fairstar resources limited

redrockgeo, there isnt an employee option. I should have been...

  1. 2,040 Posts.
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    redrockgeo, there isnt an employee option.

    I should have been clearer in distinguishing plaints, from mortgages, plaints are definitely legal action as I have posted just yesterday and the ones held on the 13th feb have been adjourned till march.

    I don't have access to the DMP site as I just see the snapshots here.

    Looking through the financial I see about 11,000,000$ in loans and about 3,000,000$ outstanding in various other payments, at that time. The payments are declared as not been made in the "normal" 30 day trading terms.

    "FAS's situation is nowhere near as simple as the oft-quoted statement you make from the Quarterly".

    Madhu could probably write a book on the situation. However ruling 3.1 and the penalties involved for

    the company, are available for all to see on the ASX site.
 
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