People are sensitive when you talk like you did. (And i...

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TMtrader26

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28/04/20

19:14

Post #: 44308525
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Originally posted by sirjohnnyboy: ↑

Not sure why people are so sensitive ...unless

...anyway, here is perhaps less contentious discussion:

We know who did this, we warned ASIC what was happening even before the company went into administration over 12 months ago ...long before Chancery purchased the secured credit and played out their pantomime of restructuring.

Who gave Cartesian the secured creditor rights in the first place? Was this the genesis of the entire scam?

Was the ultimate purchaser of this secured credit involved in giving Cartesian secured creditor rights in the first place?

Does anyone have any further information?

If anyone has information, why not send it to ASIC or to the anti-phoenixing task-force -can't hurt to let them know what you know ...or at least what you think?

https://www.ato.gov.au/General/The-fight-against-tax-crime/Our-focus/Illegal-phoenix-activity/Phoenix-Taskforce/

The shareholders legal action continues ...at the moment we are waiting for more documents from the administrators (under court order).

Cheers,

SJB

Any shareholders who want to join the shareholders group:

Please provide your shareholding details (proof), as well as your email and phone number.

[email protected]

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People are sensitive when you talk like you did.
(And i didn't request you moderated this time!)

Administration meant we all (as no.19 shareholder i lost more than most) were going to lose most of our investment, probably 95%, which is common from what i understand.

Were the ASX drawn to look into this a bit more closely, we'll never know.

We were 2 weeks away from a solution at that point and no Administration!

Did Chancery step in and try to recover this via a financing investor etc to keep on ASX (And give us a chance at 5%), and did they try hard and did they try for quite a long time. Seems attention drawn to this stock by some may have impeded things.

I very firmly believe without debt (which imo could have started back as far as 2016/17) this has a lot of potential.

Some including myself thought Anglo were coming. Well they weren't. Not quickly enough anyway.

Did some on here suggest getting in contact with Chancery back in 2019 if you wanted the opportunity to continue supporting this - yes.

Like i said i lost more then most in Admin.

Last edited by TMtrader26: 28/04/20

OGX Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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