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Voluntary Administrators’ Supplementary Report, page-20

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FrankieAlfie

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26/02/25

13:17

Post #: 78034649
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Originally posted by Bb1974: ↑

To be honest, what realtek proposed, to allow entering into the DOCA, seems pretty reasonable to me - but it also shows that they owe realtek 7 mill, so they did borrow money to reinvest back into the chip, as we have all previously discussed, so the investment was to pay for the chip.

7. Payment of AU0500,000 to the Account forthwith; 2. A repayment of AU07,000,000 by I February 2026, ' 3. the remaining debts (beyond A UDI, 000,000 to be settled by granting us joint ownershfy, of NUH-IP and a non-exclusive, fully paid up, royalty-free, perpetual, Irrevocable, sub-/icensable and worldwide licence from NUH-IP, including pre-emptive rights for future purchases. The main terms of the agreement would include (1) Profit-sharing 50% of any profits derived from NUH-/P to be distributed to us (2) Scope of licence to be discussed (3) Other, ' Right of first refusal to be discussed).

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I know the argument has been put forward that Realtek should take something $500000 over nothing liquidation. But I don't think Realtek care. The money they are discussing is nothing to them.

NUH Price at posting: 8.1¢ Sentiment: Sell Disclosure: Held
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Voluntary Administrators’ Supplementary Report, page-20

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