ASIC Published Notices

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

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

At the meeting creditors may consider a resolution:

1. to appoint a committee of inspection and, if so, who are to be the committee members; and
2. to remove the liquidator(s) from office and appoint someone else as liquidator(s) of the Company.

Other agenda items are:

1. To approve "That the remuneration of the Liquidator for the period 25 February 2013 to the completion of the Liquidation is determined at a sum equal to the cost of time spent by the Liquidator and his partners and staff, calculated at the hourly rates as detailed in the remuneration report dated 27 February 2013 or as set from time to time, to a capped amount of $50,000 exclusive of GST but subject to upward revision by resolution of the Committee of Inspection, creditors or by the Court and that the Liquidator can draw the remuneration on a monthly basis or as required";

2. To authorise the Liquidator to destroy the books and records of the Company within six months after dissolution of the Company, subject to obtaining prior approval from the Australian Securities and Investments Commission.

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

Creditors wishing to attend by telephone are advised they can utilise the following conference facility:

Creditors wishing to participate in the meeting by telephone must return to the convenor of the meeting not later than the second last working day before the day of the meeting, a written statement setting out the name of the person and of the proxy or attorney, (if any), an address to which notices to the person, proxy or attorney may be sent, a telephone number at which the person, proxy or attorney may be contacted and any facsimile number to which notices to the person, proxy or attorney may be sent. A person, or the proxy or attorney of a person who participates in the meeting by telephone, must pay any costs incurred in participating and is not entitled to be reimbursed for those costs from the assets of the Company.

Ian James Purchas
Liquidator