AB1 0.00% 18.0¢ abarta resources limited

Notice 249D request of EGM, page-24

  1. 5,698 Posts.
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    Can I ask what you propose should be on the notice of meeting?

    I think a motion to liquidate should be on any notice of meeting. I'm not saying it will get up. Look into Nick Bolton and BrisConnect. Nick is a colourful character who has had his own run-ins with authorities and I use to do business with him many years ago. Anyway, he called a shareholder meeting of BrisConnect back in the day with a notice of motion to wind up the company. That is not what ended up happening, but in the process Nick got what he was after.

    Don't turn up to a fight with a limp turnip. Make a gambit to that will challenge management into some action. I'll be happy to help in getting media exposure for a general meeting that has a motion to liquidate.I'm not suggesting that such a motion would be passed, but even if it was and a liquidator was appointed that doesn't stop the company from continuing as a going concern if the creditors an shareholders agree to it.

    Management can't give shareholders a set of financial statements for 2019 - not even un-audited financial statements. Come on. Enough with this nonsense. We should take this action to bring them to account.
 
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