same guys as bisan (ASX:BSN) The Board of of Bisan Limited (ASX:...

same guys as bisan (ASX:BSN)

The Board of of Bisan Limited (ASX: BSN) advises that My Generation Smartphones (HK) Limited (a wholly owned subsidiary of the Company) has been unable to access the second hand smart phones (goods) from Mr. Yehuda Shmaya Szender (“Szender”). The smart phones were ordered by Szender from supplier Brightstar 20:20 UK Limited (“Brightstar UK”) of the United Kingdom and shipped and delivered to Hong Kong for resale with a purchase cost value of ~AUD$335,000 These smart phones were to be sold in Hong Kong and once sold it was intended that the next order would be placed with Brightstar UK.

However, the Board regrets to advise that following a visit to Hong Kong by a Director of the Company to establish the status of the goods, Szender has refused to provide access to the goods and will not sell or account for them.

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