court outcome is important, page-2

Intel,

It seems that you have missed a very important point to this whole administration exercise. Shareholders are not entitled to vote on a Deed of Company Arrangement (DOCA) this is between the Creditors and the Administrator, as I have said more than once the Directors handed over control of the Company away from us when they appointed the Administrators. As far as I am aware the meeting you refer to did take place, it is just you were entitled to attend.

The current court action will decide how the Aministrator and the creditors deal with the sale of MST's assets. Sadly as Shareholders have no say or influence on this, we have totally sidelined. This is all perfectly legal. We are Shareholders will get whatever is left over after all those who rank in priority to us get paid. This is the risk I have refered to as Shareholders.

Are you proposing that the Shareholders put in an offer to buy the Assets?