SGY 0.00% 7.5¢ solimar energy limited

Umizoomi,If the company doesn`t stump up the $3.2 million it...

  1. 175 Posts.

    Umizoomi,

    If the company doesn`t stump up the $3.2 million it owes quick smart then the creditor has the right to appoint an administrator to retrieve its assets. So wait a week and watch for the next announcement as I don`t believe the cash is available.

    Not a good look?, more like poor management who`s main interest is their own fees, not their creditors.
 
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