Ann: Extension of time to hold AGM, page-84

On 27th November in the last announcement.

"It is a condition of both the Term Sheet and the Convertible Note Agreement that the Company obtain shareholder approval at a general meeting for the purpose of item 7 of section 611 of the Corporations Act"

Chapter 6 of the Corporations Act deals with takeovers and item 7 of s611 deals with an acquisition approved by a resolution of the company.

We are all waiting on the announcement and I find it hard to believe that anyone would vote yes and hence I cannot understand why the company are even bothering with the vote......however they are up to something.
Maybe they think we are all stupid and will vote yes if they tell us to and thereby hand the company over to the note holders