Ann: Notice of Special General Meeting and Proxy Form, page-2

National Business Review in NZ has article on Hydroworks liquidation. Apparently one large creditor is being "chased" for repayment of monies paid to them prior to the liquidation. While not confirmed the NBR indicates that it may be Powerhouse and the amount might be over $500k.

I think if you reconcile that various announcements of PVL before and after the Hydrowroks liquidation it does look like the amounting owning to PVL fell, even allowing for write-offs. One hopes that if it is not PVL that they would make that clear because if they have to front with $500k that will put a big dent in their cash balances and would wipe off around 10% (2 cents) off the current market cap.

Maybe shareholders can ask at the meeting later this week, if anyone is bothering to go along.