re: Ann: Appendix 3Z Final Director's Int... Vedat shares are a...

re: Ann: Appendix 3Z Final Director's Int... Vedat shares are a separate entity so unless funds to purchase them can be found as a direct link to come from POH stolen money there will possibly be no hold let alone a claim on them.

My experience tells me that all this doesn't add up. For a company to say funds are recoverable to a ( who knows what substantial means) significant proportion they must have a belief that one of the parties or companies involved will return funds and not fight it. To achieve that in a short period of time they have had unless they have found a direct link with a very well off individual or company who chooses to pay it back, Yep if it was a invoicing scam and a large glaxo was involved there may be a chance.

The odds of the other parties to these transactions being in Australia aren't good and trying to recover anything internationally is not cheap or easy.

The question to POH management needs to be asked. How much of the 5.7 mill is now secured against undisputed assets or they already have control of and forfeit of? Not a imaginary number their accountants think might possibly be available

A full statement and external audit and validation of the science, audit of IP, patents etc and a clean list of active deals would be advisable to clear the decks.

many companies have clauses in all deals that fraud withing a company can render the contract invalid as good companies never want to be associated with fraudulent activity.