That is followed up late today, by the following email exchange....

That is followed up late today, by the following email exchange. Whilst some who should answer many questions from regulators go unchecked, they are also certainly resisting any action by Creditors, Shareholders to hold them to account. (you think now this is getting interested just maybe ASIC might take a peak....... albeit I think they already are..)

From: Lois Bullen <[email protected]>
Date: 12 May 2022 at 4:50:22 pm AEST
To:
Cc: Glen Williams <[email protected]>
Subject:Moreton Resources Limited (In Liquidation) (AdministratorsAppointed) and Subsidiaries [CBP-ACTIVE.FID1726044]

Good Afternoon

We note that you are a creditorof Moreton Resources Limited (In Liquidation) (Administrators Appointed) (MRL)or one of its subsidiaries (together, theCompanies).

We act for two unsecuredcreditors of MRL, 113 Wickham Terrace Pty Ltd and Tintgrove Pty Ltd.

Our clients hold genuine concernsregarding the independence of the current Voluntary Administrators, MrHambleton and Ms Chua.

We attach a letter that wehave sent to the Administrators identifying those concerns. We also attach acopy of the Administrators' Report to Creditors of 6 May 2022.

As you will be aware, a jointmeeting of the creditors of the Companies is scheduled for 11am tomorrow, 13May 2022, at Rodgers Reidy, 181 Elizabeth Street, Brisbane.

We hold our clients' proxies for the meeting and we are instructed to vote infavour of a resolution to remove the current Administrators and replacethem with Mike McCann and Graham Killer of Grant Thornton.

We will table Mr McCann and Mr Killer's consent to act and declaration ofindependence, relevant relationships, and indemnities at the meeting.

If you share our concern, weinvite you to complete the attached proof of debt and either:

attendthe meeting and vote in favour of our proposed resolution to remove the currentAdministrators; or

• complete the attached proxy form nominating Glen Williams of our office to vote in favour of that resolution on your behalf.

Kindly note that your proof ofdebt and proxy forms must be provided to the Administrators by uploading themto the creditors portal (see the attached Notification of Report forinstructions).

If you choose to nominate MrWilliams, please provide us with copies of your proof of debt and proxy form.

Please do not hesitate to call meto discuss the matters raised in this email.

Kind regards

Lois Bullen

Solicitor

Good Evening Ms Bullen

Could you please confirm for the Creditors that CBP (the law firm you represent) acted for the former Directors to whom were subject to s Supreme Court Action, for negligence, which sits in abeyance awaiting the Company’s to be brought back, to allow creditors and shareholders to stand in the shoes of Moreton Resources Limited. Furthermore, was your client in any way party to the first attempted and failed DOCA arrangement, proposed by a former Director and a Director whom placed the Company into administration.

Also if you can confirm your Company purported to represent Moreton Resources Limited in advising upon disclosure obligations such as requirements to advise the market about a related party transaction, in an attempt for the initial DOCA proponent, to gain control of the Company month prior to the DOCA and administration that was never released to the market.

Just thinking this might assist the creditor to be fully informed. Also lastly would it not also be the case that if the Company is brought into good standing, it could then pursue former Directors, related parties and advisory firms, if it was found they contributed to the detriment of Moreton Resources Limited position.

That is to say, are the two companies you purport to represent below in any way related to a former Director and the failed DOCA of 2021. I note you do not outline that conflict or declare that representation, even though they maybe part of a group of Company’s with those potential conflicts.

If you can please advise, I am sure this would assist us all. Also I note the email to all, it is probably not in the best interest of those creditors for privacy reasons you send out those details to all parties.

I await your feedback. (I also note it appears I was left off the initial email by a clerical error I am sure) (also thank you to all those whom forwarded this through)

Regards

Creditor and former shareholder AND PURPONENT TO BRING THE COMPANY’S INTO GOOD STANDING TO PURSUE ACTIONS AGAINST MULTIPLE PARTEIS (just to be clear)