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. 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:

1. For creditors to resolve that:

(a) The Administration of the Company should end; or
(b) That the Company should be wound up.

2. For creditors to resolve to appoint the Administrator as Liquidator of the Company.

3. For creditors to resolve to approve the Administrator?s remuneration pursuant to Section 449E(1)(a) of the Corporations Act.

4. For creditors to resolve to approve the future remuneration of the Administrator and or Liquidator if one is appointed.

5. If the Company is wound up, and if appropriate, appoint a Committee of Inspection.

6. Pursuant to Section 477(2A) of the Act, to authorise the Liquidator to be able to compromise debts in excess $100,000;

7. Pursuant to Section 477(2B) of the Act, to authorise the Liquidator to enter into litigation funding facilities to pursue any legal actions including voidable and insolvent transactions arising from the liquidation;

8. Pursuant to Section 542 of the Act, to authorise the Liquidator to be able to destroy the books and records of the Company within a period of six (6) months after the dissolution of the Company, subject to obtaining prior approval from the Australian Securities & Investments Commission; and

9. Any other business.

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

Robert Allan Jacobs
Administrator