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
![Wink](styles/default/xenforo/clear.png)
).
The biggest hurdle we have is the trading halt! Since technically we haven't lost any money yet, no one will take our case.
![Mad](styles/default/xenforo/clear.png)