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Ann: Payment Renegotiation for Singapore Processi, page-2

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  1. 867 Posts.
    re: Ann: Payment Renegotiation for Singapore ... Can someone please explain to me the following;

    1) Luye, a third party and as such, totally independent, has a debt by NuSep and is being paid 5%.

    2) Mr Goh (an ex-Director of PrIME) has owed us over $1m for years and has paid no interest and has provided no security.

    3) Directors have made loans to NuSep and charged 20% and received security over valuable (?) assets of the company.

    Like most things with NuSep, it just doesn't add up.
 
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