the 4 fish directors resigned on 7 October 2010 plus 3 more resignations this year leaving a lawyer, a finance guy and a compliance director by the look of it
since reinstatement the company has been evaluating salmonoid production systems working with consultants
SEAS (south east atlantic salmon pty) and the company consultants are supposedly experts in closed system aquaculture (CSA) and the Limestone coast is one of the few regions in Australia where it's possible to grow salmonoids
SEAS is based in Mt Benson a few kms from Robe on the Limestone Coast
Vater Corporation were 7th largest holder with 11m shares at 31 August according to annual report
spoke to company earlier and they haven't had any contact with Mr Vater apparently
i'd be surprised if SEAS and the company consultants haven't crossed paths with Lance Vater given the info above, wonder if any of the old directors are consultants?
will have to hang on and see what happens, hope sp doesn't drop any further
AAQ Price at posting:
1.0¢ Sentiment: None Disclosure: Held