I have written to SBL after discussing this ongoing suspension with ASIC.
suspension due to failure to lodge their accounts.is unacceptable in time lenght.
I am contacting all members I can within Australia as I am seeking a 5% vote to give SBL written direction to prepare a financial report and directors’ report and send them to all members regarding the situation of suspension.
I am seeking 100 members to vote and give notice of a resolution SBL propose to move at a general meeting.
Shareholders in Australia have rights and powers that most companies dismiss.
We can bring this back to life as the foreign shareholder ownership cant hold everyone else at ransom.
Sick of companies like SBL miss leading shareholders in the country - might not get all my money back, but have the skills to force their hand
SBL Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
