Ann: Notice of General Meeting, page-2

Wow! What a train wreck!

Only asset is a debtor owing AEB $200k?

No information about the US assets, the Reliance tie-up nor even the office furniture.

They did mention the licence to produce cannabis in Malta but no mention of what happened to it. Did AEB lose the licence due to going into administration, failure to meet key terms, assumed by the last funder, Empire Equity Limited, something else entirely? The last publicly stated information in December 2019 was that they still had the licence but that Empire Equity Limited would be assigned the licence in the event of default by the maturity date, which is not until October 2020.

So many unanswered questions that will never get answered now.