NUH Action Group, page-34

  1. 10,034 Posts.
    lightbulb Created with Sketch. 1060
    Ohh You are included eventually unless there is DOCA court challenge , they will recapitalise after they add their 2,000,000,000 @ $0.001 plus shares and options for loan repayment , the listing is worth something and cheap to recomply as they have a green tick from administrator. You as a shareholder are required so they keep a spread of holders and after a further recap issue to dilute you to nothing and consolidation you are a enabler .

    So big picture summary
    Creditors paid out for cents in the dollar top get a clean slate
    Same staff and management who have been selling approx $6000 a month and costing $200k
    Shareholders wiped , dilution but structure exists to recapitalise and discounted wages and consultancies " with group" all get leveraged discounted conversion into cap restructure structure
    Capitalise it and sell the story again - business as usual
    You may get your opportunity to buy your " investment" again

    Just guessing but ............



    Last edited by Teddyward: 23/03/25
 
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