Hamish and Joe are both Directors of CleanTech Energy Pty Ltd. Interesting that Joe was first appointed back in 2015 as a Director, whilst Hamish was not appointed until 2018. CleanTech Energy is 100% wholly owned by Delorean Corporation.
So Joe and Hamish cannot be arguing '' The Company confirms that the statutory demand has been issued to the CleanTech Energy Pty Ltd entity and not Delorean Corporation Ltd or its other core operating bioenergy plant project development and construction subsidiaries.''
This point in the asx release is null and void. Joe and Hamish must act in the best interest of CleanTech Energy Pty Ltd given they are the only Directors of that entity. Brings conflict of interest in question just as an aside.
I think these guys need to do a Directors course at the AICD.
DEL Price at posting:
3.2¢ Sentiment: None Disclosure: Held
