6 month update from auditors3 Jul 2016 22:36
Last 3 points say it all.
In an insolvency,
shareholders will only receive a return after all creditors of the Company have been repaid
in full
,
including s
tatutory interest on their debt
.
4.11
Th
e outcome to shareholders remains unchanged since our previous report and there will be
insufficient
funds
to enable a distribution
.
4.12
It is no longer possible to trade or transfer the shares of the Company and, due to the lack of future
shareholder returns,
the shares hold no value