At this rate the process will have been drawn out so much so that the only option left will be to liquidate to pay administrators fees - let alone any real creditors.
These clowns need to get a plan in place and act swiftly rather than milking this thing dry.
FWIW, given a little support and a lean management structure, I still think this thing could work. Perhaps it should have been given an option to operate in parallel, suspended from ASX of course, rather than stagnate while these meetings occur. Generating what little income it was to at least mitigate a tiny percentage of its liabilities.
Ann: Update on Deed of Company Arrangement-MIZ.AX, page-5
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