Subsequent to the period end, in early November 2024, an interested party emerged expressing
an interest to enter into a transaction with Wellfully. The Potential Transaction contemplates a
structure whereby Wellfully will acquire a controlling interest in the interested party, claims of
creditors of the Company are acquired, forgiven and/or settled in the administration period and
the solvent company is handed back to the board of directors providing an option for the
administration of the Company, Bodyguard Lifesciences and International Scientific (or at least
Wellfully) to potentially end and for Wellfully to potentially relist on the Australian Securities
Exchange.
NOTE it says in report November 2024, not 2023
What info is available of the potential deal?
When will shareholders be made aware? Will all existing shares be null and void and the "new investor" own everything?
Plant equipment, stock etc , Bork deal what happens? Reduit , bodyguard etc ... It says directors pculd come back ?
Shareholders need to be informed ...
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