Thanks Spooky. Glad you got out. The letter and judgement raise...

Thanks Spooky. Glad you got out. The letter and judgement raise a number of questions:

-Could the unit holders still be liable if BCS is wound up and there is no call on their securities? That is, would this be a better option than transferring the securities in order to avoid the liability?

-Would a BCS director, aware of the judgement, in repeating the claims of your letter to unit holders, be guilty of making false and misleading statements under the corporations act 2001? Are directors required under the act to issue notice of correction if they subsequently learn that information they have given to unit holders is false and misleading?