did anyone read this????????? >>>>Note 25. Contingent...

did anyone read this????????? >>>>Note 25. Contingent Liabilities and Contingent Assets<<<


>>>The claim disclosed as a contingent liability at 31 December 2004 relating to the termination of the proposed acquisition of Switchcorp by Multiemedia is now set for a trial date of 23rd November 2005. On 24th August 2005 Multiemedia received an Offer of Compromise of $1.6 million in full settlement of the Plaintiff’s claim which was rejected. The Company has denied liability and the Directors are of the opinion that no loss will be incurred.<<<


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