Tomorrow the board will move closer toward instructing shareholders that they must vote 'Yes' to have the 2 shareholders purchase Convertible Notes which can ultimately result in the issue of up to 200 million shares. They will tell shareholders that if it is voted down, the company will not survive much longer and will be shut down. IMO the board will also ask shareholders to accept a Scheme of Arrangement to cancel the company's ASX listing, which will then allow the 2 shareholders (and others) to acquire all of the company's outstanding capital, which also IMO will be SFA, I am sorry to say.
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