* Richard is not instructing the liquidators - they know what they are doing.
* Richard is trying to have the liquidators replaced - they aren't doing what he wants.
Even if he does - by some miracle - the liquidators still don't and won't work FOR HIM.
* Richard is trying to arranged a DEED to keep trading.
This I would assume - IMO - is to try to keep insolvency & asset seizure laws from kicking in.
* It doesn't really matter who is the largest creditor - at a creditors meeting the decision will be made as to a trading decision by a show of hands in the room.
* And the image above by maccajack is interesting - it seems as though Richard might be in for a bit of trouble and a please explain - why hasn't the line - in liquidation - been placed next to or under the GoConnect Australia Pty Ltd name as required by law.
* Also with the image above and GoConnect Australia being in liquidation - how or why is Richard seemingly in control of the subsidiaries listed - I don't believe he is.
* And lets be realistic - if there was any money available the bills, wages & ATO would have already been paid.
GCN Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
