AKP 0.00% $6.20 audio pixels holdings limited

Ann: Suspension from Official Quotation, page-21

  1. 21 Posts.
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    The main focus will be trading whilst insolvent. Management/ directors will be acutely aware of their legal liability doing so. If insolvent, you need to shut operations down including outsourcing to FABs/ R&D/ technical operations etc. This is the worst outcome for shareholders.

    Delisting a company is not an issue for management or directors. FB and others can continue to be directors elsewhere. The company can continue to operate. The main reason for having a company listed is the ability to access capital markets. IMO, FB will want access to capital markets at some stage in the future. So my expectation would be that FB will want this story listed sooner than later.

    Regardless of the listing status, FB, directors and mgt need to continue to operate for the benefit of shareholders and in accordance with Corps law/ etc.

 
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