I no longer hold (took a bigger hit than I would have liked).
Report to creditors out. Paragraph 1.3 (page 6 of 90) confirms that "reason for failure"....was present economic crisis relative to availability of viable finance options & the loss of shareholder confidence in the Company."
Well,..... there you have it.... ABSOLUTION for the Directors.
WE THE SHAREHOLDERS ARE THE CAUSE FOR THIS COMPANIES DEMISE ( I was a shareholder at time of raising).
Nothing to do with executive mis management of funds & incapacity to perform their duties whilst at the helm (paid for by the shareholder)
I'm so angry that I can't read this document(can't get past this point"
If this isn't orchestrated......or is it lack of the Administrators wanting to find the truth & keen to get their money & move on.
I continue to watch & read all media on VCR out of morbid curiosity.
Hat off to the team that is(was) trying to save this, but I think the lot has been cast.
Think I'll spend some money on therapy (rum is cheaper :))
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