I no longer hold (took a bigger hit than I would have liked)....

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 :))