SBB 0.00% 1.2¢ sunbridge group limited

CEO response to Shareholders letter, page-75

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    Bondi Princeton (Fujian) Clothing Development Co Ltd (SBB) as plaintiff versus PolyPlaza (Wuxi City) as defendant.

    SBB alleges PolyPlaza has only paid 95k yuan out of an outstanding owing balance of 245k yuan from sales of clothing as per contract between the parties, ie. SBB is seeking 150k yuan plus interest. Court finds SBB in the right and orders PolyPlaza to pay 150k yuan plus interest.

    End of story. I decided to put it here to show FD the monthly sales figures (as independently determined by the legal system) from one outlet (an underperforming one at that) and can therefore cross reference it against the revenue figures in the SBB accounts.
 
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