Ann: Receipt of section 249D Notices, page-8

Hi Deme,

Thanks for all your efforts to date.

Is it even Legal for an ASX company to transfer Assets & Liabilities to a Texas based company (Jervois Texas) for the purpose of Bankruptcy WITHOUT shareholder approval?
The Company could have had an orderly sale of assets to cover some part of the Creditors demands.
Aren't the Directors also PERSONALLY liable for the state they have driven the Company into?

It would be wise for everyone here to note the directors names as they will no doubt bob up somewhere else in a new entity and repeat