In relation to the claim against the former Managing Director,...

In relation to the claim against the former Managing Director, Mr Howard Renshaw and others, the parties has lodged a counter claim against the Company pursuant to which they seek payment of: $110,000 plus interest at 12% per annum from 21 December 2012 to the day of payment; $161,894 plus GST and interest at Court rates until the date of payment; damages; interest and costs on an indemnity basis. It is the Company intention to fully defend the counter claim. The hearing is expected to take place in February 2014.


Still trying to get more out of the company I see.