STI 0.00% 0.2¢ stirling products limited

errrrrrrrrrryou mean Telemedcare on page 14 of said document....

  1. 1,398 Posts.
    errrrrrrrrrr
    you mean Telemedcare on page 14 of said document. Interesting.

    A first dividend for Priority Unsecured Creditors (usually ex-employees of company.)

    This link may further highlight:
    http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/Voluntary_administration_guide_for_creditors.pdf/$file/Voluntary_administration_guide_for_creditors.pdf

    I remember this being posted by Stirling at one stage so I wouldnt get my hopes up too high. However on page 2 of the above doco is a flowchart of the admin process and the duties of the administrator.

    NOTING that monies will be paid out makes you wonder where the money is coming from though and why it hadnt been paid out earlier to retain employees. Would have to read the Telemedcare Deed of Company Arrangement to figure that one out.

    BTW reading those notices is like touring a cemetery, I find them chilling.

    T1

 
watchlist Created with Sketch. Add STI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.