Top of the morning to everyone and MCS shares have something in...

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    Top of the morning to everyone and MCS shares have something in common with the other companies on the ASX this morning, its 11.20am and still no trades for any company - ASX platform down.

    On a brighter note, spoke to my broker colleague and the board spill vote date is in the process of being finalized and set up to go ahead this time (sometime in October) Very bad business by McGrath Nicol to adjourn it - ASIC are pissed off with their conduct on this.

    There are only 2 directors left to vote out now - Mark & Don. So when the details come out make sure you vote Gilberto and Co. and his board, being largest shareholders of the company after Mark. These guys are interested in re-listing MCS and continue trading on the ASX and turning the business around. So those that voted against the removal of directors will need to ensure they vote again, for the removal. What's the point of keeping the existing, when it was them that called the VA's in on that one condition and trying to grab control of the company from all of us via the VA path and previously via the recap plan, privatizing the company and again us shareholders having no control, as opposed to a publicly listed company.
 
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Currently unlisted public company.

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