Thanks mate.
Maurice Blackburn called me today.
They told me several conditions have to be met before they will take our case, they are:
1. Investor loses have to exceed $30 million (Is that possible in our case?)
2. Actual loses have to be incurred (We are in a trading halt so technically we haven't lost anything yet).
3. We have to prove negligence on behalf of the board/individuals that caused the company to lose money or go into a trading halt.
4. More than 7 shareholders need to incur loses (I think we have that one covered).
The biggest hurdle we have is the trading halt! Since technically we haven't lost any money yet, no one will take our case.
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