Casual observation of the terms under which the Advent debt was agreed upon seems on the face of it - one of great unfairness to MEC shareholders. Not being privy to all the details one could assume that the terms might just be based on unfairness therefore contestable - funds owed is always owed. Does that mean MEC Breeze and Advent Breeze have a conflict of interest and does this negate any real protection of MEC shareholders assets. How does this cock up of a company go forward when Breeze is the piggy in the middle. How one individual can control such a scenario suggests also that the governance integrity of the company must of at one time been severely compromised. Looks like it was always up to the whims of either an angry vindictive individual or one that is not capable of leading the company out of this mess. Over to you Breeze and Co.
MMR Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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