asic determination ann, page-28

As far as I understand the situation, ASIC wants to see an IPO quality like prospectus to let this make its way through. So with a lot more detail supplied to shareholders what this is all about. After all we are talking another billion and with that doubling of the shares on issue.
Now having talked to Doug at the meeting, we are of the opinion that CVI won't be in the position to come up with that in the time they aloud themselves, August 31st, let alone having it approved for presentation, because in this case ASIC would go through it with a very very fine come and that would probably take weeks.
So unless CVI's well paid legal eagles find a loop hole somewhere, the meeting will probably not be held on August 31st, however if it ever comes up again, it will pass with flying colours, simply because of the numbers , as they had 85% on their side today.

On another point, I suggested and ask for a time to be set aside for a question and answer session already at the last meeting. Today I checked if there was an agenda for the meeting and if there was such a point on it. Well, you can guess the answer. Anyway the highly paid chairman didn't know the first thing about it and really didn't want to know about it either, as he "always had allowed ample time during previous meetings". Now we all know what his real job is, to get the thing over and done with as quickly as possible and kill any, let's call it uncomfortable questions and situations, by calling it irrelevant, not to the point etc.
Anyway talking to Doug again about this, I would need to pressure the company to put it on to the agenda. Doug suggested to send emails requesting this "relatively open ended" Q&A time/session with the CEO over and over again until I would receive a positive outcome. Now I could do that, however I probably would be the lonely voice in the woods. So what I'm suggesting is for as many shareholders as possible to request the above, over and over again until we reach this outcome. If the company would not go ahead with this agenda point at least we would have a trail of corespondents showing how the company ignores reasonable shareholder requests. I feel it would need to be a point on the agenda, as a proper meeting should have, so that during the meeting we get to that point and it can't just be quickly swept under the carpet.
I wonder if we should take this up here or if the action group could formulate something along those line, which then could be used by all interested shareholders to send to the company.
One possibility could also be that a list of questions could be prepared and even be presented to the coy before time, so that we don't have to put up with cheap excuses like not enough time, not prepared, we had no idea etc, etc, etc. Those questions probably shouldn't be too overly challenging the CEO but rather asking for information without the questions being to judgmental in the first place.
Not all, but some of the above would usually be offered and answer by the CEO in a forward looking statement. Well, that's in a normal company, but who still believes CVI is a normal company. Anyway, I thought we should try!