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The Pathway to Relisting, page-16

  1. R08
    7,867 Posts.
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    Pathway to relisting;

    1) Find a shell, vehicle to vend into.
    2) Create a tangible business operation.
    3) Recapitalise the company. $5m minimum required now in funding on an RTO under ASX rules.
    4) Comply with Chapters 1 and 2.
    5) Likely 25-30/1 consolidation of the register.

    Much like when GAL turned into Tv2 however, there is far more ASX and ASIC scrutiny these days on an RTO.

    Good luck funding the $5m alone - this will be a fun exercise with the legacy of this management and association with past directors whom are now subject to Fraud charges in the WA courts.
 
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Currently unlisted public company.

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