NUH 0.00% 8.1¢ nuheara limited

What documents are you referring to ? You don't have access...

  1. 9,903 Posts.
    lightbulb Created with Sketch. 609
    What documents are you referring to ?
    You don't have access to those documents , we don't know what they are or what they contain.
    Clearly there is some dispute as the commercial agreement has not been executed
    Funding under the MOU is also contingent on a final agreement being executed, otherwise there is very a messy situation that needs to be unwound. Just because no claims have been made doesn't mean there won't be or a stakeholder wont make a claim.
    If things are as you say, why hasn't RT served a default notice? Strange, that is the first thing that occurs.
    Why is RT wasting time with their application for leave to be recognised as first creditor when they could make a simultaneous application to appoint their own administrator? Why would they not have this also all dealt with at a DOCA hearing all in one
    Would they not want to preserve the assets to minimise leakage?
    How does this reconcile with torching their own equity investment, and torching their internal investment in the chip. How does getting $2.5mln but torching multiples of that and not being able to use the tech or the chip save face for them?
    All this process is about is nullifying the debt it doesn't confer ownership.
    I just don't see some of those top 10 investors standing by and doing nothing. The IP is valuable even without Realtek and the latest market developments with Apple demonstrate that.
    As far as I am aware NUH is still operating, people are working and getting paid. People are still answering the phones.
    Why didn't Realtek move back in August to freeze everything to protect their first creditor position? They could of made an application to the court in the days following the VA announcement.
    Perhaps less speculation and baseless musings would be helpful for you.
 
watchlist Created with Sketch. Add NUH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.