GiddayJust had an off the cuff thought.The prospectus says...

Gidday

Just had an off the cuff thought.

The prospectus says something about not making payments/Divies to shareholders while DEBT HOLDERS remain unsatisfied.
Question. Is an employee who is also a shareholder receiving salary/renumeration legal, whilst Debt holders remain unsatisfied?

I intend to make the trustees life hell if there is any deviation from the letter & spirit of the prospectus.

Market price of the debt instruments does not & never will change the founding principles. Posters have talked about $20 in the hundred etc. I say back the bus up, read the prospectus & stand up & hold fast, the deal does not need to be re negotiated.. otherwise we might as well say "OK you owe us $100 due in 2011 but we want $150 now.. would they say "ok Then" I don't think so.

On other companies i'm reading about "trustees" accepting schemes of arrangement whereby people get their capital back without interest over years.. Do not put up with this..