I would say that that is probably in the hands of the new director ...
- in my timelining earlier, I should have included;
April 23 - resignation of Director Tom Revy
April 23 - appointment as Director of insolvency specialist lawyer - Lee Christensen.
“Mr Christensen is a solicitor in Perth, specialising in dispute resolution, banking and finance, insolvency and corporate restructures. He has many years of commercial litigation experience and is currently a director of Christensen Partners in West Perth.”
Also of interest I think is the three month option for the removal/purchase of FYI shares by August 28 will bring $840,000 ( plus $80,000 fee ) to the coffers of the company ( as with everything please check these numbers
This is about a month after the 24th July General Meeting at which, I presume, everything will be sorted for Empire’s next stage.
It seems like a lot of money although I am sure Director fees and any legal costs to do with shareholders, Maximus dispute etc etc could Consume a large chunk ...
@Niterider I appreciate your positive comments and research support . What was the name of the company you speak of which was delisted?
Cheers
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