I think you will find that it only takes 5% of shareholders to create an egm at that point, any motion moved needs 50.1% of votes which they have. A waste of time and effort. Also, who is going to run the company after you create a spill even if you could muster 50.1% of the vote.
Sorry but it's a lost cause The only thing we can do is get asic to charge the directors for trading whilst insolvent. That carries a jail term.
Bpg has significant negative net assets and should not be trading It is technically insolvent.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held