CJS - you are reading it correct - this is a simple case where if individuals come forward themselves with an offer of funds for support, they can go into a trust fund to support the Pinder bid - no success on Thursday means money refunded and life goes on without our shareholding in Metal Storm. On the other hand - success means conversion of that support to equity in the Company. But a sufficient level of funding is necessary for the Pinder bid to be successful in the first place - so even late support is crucial.
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creditors report is out, page-34
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