Apparently there was a creditors meeting on Friday. Some finance or legal company (can't remember which) with the directors who lasted five minutes appear to have claimed BRT for no value. The voting creditors were hoping to vote against it, but I'm a bit worried. There are no offers on the table ATM and apparently BRT nearly delisted from the ASX a few months ago - someone alledgedly paid the listing fee out of his own pocket.
It really is not looking very good for BRT at all. Got a feeling there is over $1mill worth of creditors plus $1mill worth of convertible notes.
An offer needs to get put on the table really soon...
creditors meeting
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