ASIC Published Notices

Notice is given that a second meeting of the creditors of the Company, or a second meeting for each of the Companies, (for multiple companies), will be held:

(If multiple companies, see special instructions for meeting times)

The purpose of the meeting(s) is:

1. to receive the report by the Administrator(s) about the business, property, affairs and financial circumstances of the Company(ies); and
2. to receive a statement of Administrator(s) opinion and reasons for the opinion:
   1. whether it would be in the creditors' interests for the Company(ies) to execute a deed of company arrangement;
   2. whether it would be in the creditors' interests for the administration to end;
   3. whether it would be in the creditors' interests for the company to be wound up;
3. to receive a statement of such other information known to the administrator as will enable the creditors to make an informed decision about the matters at paragraphs 2(a) – (c) above;
4. to receive details of any transactions that appear to the Administrator(s) to be a voidable transaction in respect of which money, property, or other benefits may be recoverable by a liquidator under part 5.7B of the Act
5. to receive details of any proposed deed of company arrangement; and
6. for the creditors of the Company(ies) to resolve that:
   1. the Company(ies) execute a deed of company arrangement; or
   2. the administration(s) should end; or
   3. the Company(ies) be wound up.

Other agenda items are:

7. At the meeting, creditors may also, by resolution adjourn the meeting for a period that must not exceed 45 business days;

8. To seek approval of the Voluntary Administrators? remuneration;

9. To seek approval of the Voluntary Administrators? disbursements;

10. In the event that the Company executes a Deed of Company Arrangement, confirm that Fabian Kane Micheletto and Michael Carrafa as the Deed Administrators? of the Company;

11. To seek approval of the Deed Administrators? remuneration;

12. To seek approval of the Deed Administrators? disbursements;

13. In the event that the Company is wound up, confirm Fabian Kane Micheletto and Michael Carrafa as the Joint and Several Liquidators? of the Company;

14. To seek approval of the Liquidators? remuneration;

15. To seek approval of the Liquidators? disbursements;

16. In the event that the Company is put into Liquidation, authorise the Liquidator to destroy, at her discretion, the books and records of the Company within a period of 5 years after dissolution of the Company, subject to obtaining prior approval from the Australian Securities and Investments Commission; and

17. To appoint a Committee of inspection;

18. Any other business which may be properly brought before the meeting.

Creditors wishing to attend are advised proofs and proxies are to be submitted to the Administrator by:

Fabian Kane Micheletto
Joint Administrator

Michael Carrafa
Joint Appointees