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26/02/20
16:11
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Originally posted by Teddyward
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so all cash now off to Moz - well that is a surprise
Wearing all this different hats and putting them on and off would give you baldspots around the hatband.
People a minute ago , in error,, you were inferring had been responsible for financial irregularities but take that back are now your consultants to complete sale???
So take this cash out, take out assets and anything resulting from sale that I am pretty sure will add up close to consultancy fee and you have a shell? Correction - a shell with a possible claim still coming from fura?
I might have to reread this and prior announcements again as can't believe what I am reading.
Gotta say this could be a novel new way to asset strip from a ASX public company and move them with everything out in public and only costs to do so is lawyers to do claim and counter claim, arbitrate and come to solution.. Job done move assets in settlement of claim court approved. . I really would like to see the "professional "independent advice received in this matter , confirm who was representing shareholders and ensure it is in best interest of shareholders. So did someone make a huge ambit claim against NXE and then there is a apology and agreement on consultancy?
Were shareholders ever notified of arbitration
Like to see explaination of what teh financial irregularities were and te eresults ?
Jeezet th eworlds fastest ever capitulation and settle?
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There is quite a famous money laundering scheme where you sue some dodgy company in Russia (for example) which you just happen to own for liable in the British Courts and then "settle" for some massive damages. The money then becomes nice clean money you can deposit in a western bank and use to buy some premier league team.