have a look, page-2

How would they have funded the two cases without a funder.

With the GFC and no ability to raise funds how else were they going to take the matter to court.

The Koh and Evans claim was for 5% of the asset which I understand their fund raising agreement with MMX gave them an entitlement to. That equates to 5% of Crosslands which was 10% of MMX holding in Crossland.

If the case had proceeded to court then this is what the statement of claim was seeking. A full win by Koh and Evans had values as talked about.

Now as a little aside when the issue of disclosure comes up how much had MMX disclosed about the Koh and Evans case over the last two years. Disclosure was on main case and this was it seemed ignored.

Anyway what did Koh and Evans do and not do in raising funds and what was their entitlement was the crux of the case. MMX saw that they had some form of entitlement and potential risk in going to court. CHM and funder who were running the case saw risk in taking it to court, cut a deal and ran.

CHM got funds, shares and became capable of taking full case through court.

CHM if some form of offer has been for major case have not been interested and working their way through court.

This case is totally different. At the heart of it is the question would MMX have been able to acquire IO assets without CHM.

If the judge believes not then the door is wide open and all your numbers and percentages are semantics.

MMX holders instead of calling on the demise of CHM need to get a better understanding of what the effects of a Deed of Company Arrangements is. The matters relating to the missing $3 million were raised and dealt with through the Deed and now ASIC is dealing with the potential criminal aspects.

Your calls for sell sell are on deaf ears as probably 80% are sitting it out. what the trading of 20% or less does is of no concern as we are here for next year.

Who cares about price in the meantime.

Peoples belief that Paul Lindstrom company is a front for parties including the directors is pure fantasy.

The stakeholders here need a major result and their only benefit will be through increasing the value of CHM shares.
Funder will get his pound of flesh but CHM will be left with a substantial amount.

Sorry for the book