can convertible noteholders in gtp notes do anything about gtp directors and executives transferring (gifting?) part of the loan receivable due to gtp for est. 38 cents in the dollar, whilst gtp's own debt owing was selling on public market at est 15 cents and lower in a public market (asx - gtpga, gtpgb).
does the entity which these loan receivables were transferred to(gifted to) get a refund of the 38 cents in the dollar it paid (if so when and from whom)
and
also does this entity have to return the loan receivable asset which was due to gtp, which the gtp directors "transferred to them" (gifted) to the people who happen to be in charge of gtp today, tomorrow or whenever.
will someone get real, i recollect a statement saying in effect that the gtp directors (on behalf of gtp shareholders and noteholders?) were to pay a success fee to someone unamed re project transform. if this was paid has it been retrieved.
expect the auditor has lost its true and fair stamp required for the 6 months accounts for the period ended 31/3/2009, which would be expected to be released shortly.
hold gtpga,gtpgb - have not able to sell since last thurs asx market opening.
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