Quote:
Originally Posted by JEFF
It makes no difference if he does hold on to his shares so let him. What other creditors are you talking about ?
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Err...it makes one hell of a difference if he has the majority shareholding. The other creditors, are of course Ilyas, PM et all. The problem lies in the process of converting their loans into equity. I mentioned this in my earlier post - No 63 on this thread. It all boils down to the legal procedures to be followed if he EW decides to hang on.