A reply from Jamie Gunnis of FH todayPeter,I advise that we are...

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    A reply from Jamie Gunnis of FH today

    Peter,
    I advise that we are currently looking at the sale of VRE to potential parties who wish to recapitalise and relist the entity. If this prevails, you will continue to be a shareholder within this company (pending the proposals received) and upon relisting, be able to salvage a value for your shares. We are hoping to have a deal finalised and a meeting called to put forward the proposals to creditors. Upon acceptance of one of these proposals, the company will remain in a DOCA until certain conditions are met, we don't believe that there will be many conditions and believe that the DOCA could be finalised early in
    the new year.
    We will update our website, below, with any material information as and when it comes available.

    If you have any further queries, please do not hesitate to contact me.

 
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