HCT 16.7% 0.5¢ holista colltech limited

I agree Oli, I would suggest the HCT has asked for a smaller...

  1. 7,272 Posts.
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    I agree Oli,

    I would suggest the HCT has asked for a smaller repayment over a longer time frame, now they must go back and alter their repayment plan that can keep both the courts happy to except and keep HCT a going concern....

    Which ever way you look at it HCT has been a loss making company from the get-go, they have $49k in the bank and do not make money....

    How can this payment be made and further more how ois the $3m going to be paid for the other court case they lost?

    Only shareholders hurting and are going to hurt for a very long time thats even if this payment plan gets approved,

    If it does get approved i can see admin, wages and marketing soaring even higher for the next few quarters before imho i see the closure of HCT
 
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