The second or third paragraph that I read in this document (page 60 or 61 or so) alluded to Caldwell being part of the Onergy group. I had to re-read a few times to properly believe it.
Is this normal business practice to seemingly, in my opinion ‘throw’ a company into administration to then ‘rescue’ it (from yourself) with, what seemingly would be, a larger holding in/of the company. Surely I am not reading this right? I do not want to presume anything but how is this legal, let alone ethical. I really thought it was a bit much for someone with 12Million or so shares to so easily fold the company without seeking further shareholder support.
I have wiped any hope of my small holdings recovering, but none the less I wish you Hermanity and Co good luck, and let the business prosper without everyone trying to greedily get their biggest share before any business is even done.
