So guys we now have the full support of all our top holders, basically number 2 to 6000 which is fantastic. Obviously a few in that list won't or could be bothered which is fine. Importantly our 2 director investors support what we are trying to do. Which is fantastic.
So while we are busy trying to solve the $15.1M debt, holders can assist by contacting ASX, ASIC and Administrators, we have to make complaints/noise etc. Will get a basic letter so holders can have an idea of what the write plus put your own situation/spin etc on it. Obviously must have name and number of shares held etc. Important issue is why holders/company never had an opportunity to deal with the debt. MIN have be totally unreasonable and fair for holders. It's obvious to me they want it all hence the restrictive pressure applied to us all.
Us little holders will band together and give it a good fight. If we don't we all lose big time.
EGO Price at posting:
12.0¢ Sentiment: None Disclosure: Held