MBN Class Action Starts, page-4

List of actionable representations:-

- MBN is safe and stable
- its profit producing
- sufficient liquidity for 2015
- sales offtake fully committed for 2015
- we have other sources of funding
- the LPM for 18 months
- the NCM
- US$100M cash at bank projected by Dec 2015
- cash at bank rising
- "prudent and responsible financial management"
- failure to disclose financials & US$30M funding or guggenheim debt offerings
- failure to disclose board discussions as to TH or funding
- backed & financed by USNHs
- DOCA 2013 caused Australasian shareholders large losses of investment
- relisting in July 2014 from 44c to 1.6c caused large losses to shareholders
- relisting in Feb 2015 caused large losses to shareholders 3c-17c-0c
- insolvency occurred before and after the TH without any disclosure, warning or notice to shareholders
- the BRL is buffering the NP drop
- DOCA would reduce debt and increase shareholder value(!)

Those who wish to join can do so and defend their rights as shareholders.
The plan is first to lodge claims with BNYM, the Liquidator & VR & their insurers then advise ASX ASIC & the shareholders association of Aust.

I suspect that their is some 8,000 shareholders with $300M of claims since 2013 floating around. Lets get them together and pursue our rights.