QIN 0.00% 29.5¢ quintis ltd

Ann: Santalis progress and operational update, page-5

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  1. 3,053 Posts.
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    So as well as being a previous TFS executive, Mr Scott has form in signing contracts with Chinese entities.

    As executive chairman of "Soil Sub Techonologies" he announced with great fanfare a contract with a chinese firm
    http://www.asx.com.au/asxpdf/20081106/pdf/31dg0kb1dr708w.pdf

    Then he mysteriously resigned
    http://www.asx.com.au/asxpdf/20090205/pdf/31fxf39x2rj0hk.pdf

    Then the new chairman found out that the chinese firm didn't have the financial capability to execute the contract
    http://www.asx.com.au/asxpdf/20090218/pdf/31g3xmhfv8t565.pdf

    Then the company went into adminstration
    http://www.asx.com.au/asxpdf/20090402/pdf/31gwz188hpntrc.pdf

    Sound familiar?
 
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