Para 6 is interesting:In summary, if the Deed is varied as...

Para 6 is interesting:
In summary, if the Deed is varied as proposed in point 5, and the company is able to raise the funds, unsecured creditors will receive their full distribution of the remaining $.060 in the dollar payable to them late 2009. If the creditors resolve to terminate the Deep and wind up the Company it is unlikely that the creditors will receive a further distribution.

Hopefully common sense will prevail, and CMN will get another 6 months.

TTC,
You informed us of this creditors meeting on 11th November, the article says some very positive things like,
“We have a good business opportunity which we want to take advantage of because it should give us a lot of profits”
And
"We have entered into a transaction with a company which wants to roll them out to a number of different locations and it is very much in our interest to take advantage of this right now."

Any idea how these good business opportunities and transactions are going, or even with whom and where?

Good luck CMN