All depends on whether BCS are correct in their statement that wind up of BCS would not remove liability for second instalment. I suspect the reverse action to wind up ASI will turn on this point. Presumably what is now needed is for Bolton to buy up the currently 20% of additional shares available on-market & use a simple majority to oust the directors,vote himself onto the board of BCS and then launch a share buy-back at $0.001 which will bankrupt the company when it fails to meet its own April instalment.
BCS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
