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:
Other agenda items are:
3. For the creditors to resolve for the Company that the second meeting of creditors be adjourned for up to 45 business days.4. To receive a Statement of the Companys business, property, affairs and financial circumstances. 5. Questions from Creditors.6. To approve the remuneration of the Joint and Several Administrators. It is requested that the Joint and Several Administrators remuneration, calculated with respect to the Administrators, their partners and assistants, be fixed at an amount of $129,588.50 (plus GST and disbursements) for the period 22 June 2012 to 18 July 2012.7. To approve the additional remuneration of the Joint and Several Administrators. It is requested that the Joint and Several Administrators remuneration, calculated with respect to the Administrators, their partners and assistants, be fixed at an amount to be determined at the meeting, but estimated to be $25,885.00 (plus GST and disbursements) for the period 19 July 2012 to 27 July 2012.8. Should the Second Meeting of Creditors be adjourned, that the Joint and Several Administrators remuneration for the period 27 July 2012 to 10 September 2012 the date of the adjourned meeting be approved to the sum of $50,020.00 (plus GST and disbursements).9. If the company is to be wound up, to approve the remuneration of the Joint and Several Liquidators, calculated with respect to the Joint and Several Liquidators, their partners and assistants, on a time basis at rates fixed by Grant Thornton from time to time for work of this nature up to a total amount of $50,570.00 (plus GST and disbursements) which may be drawn progressively.10. If the company is wound up, to consider appointing a Committee of Inspection.11. If no Committee of Inspection is appointed and the Company is wound up, the Liquidator be permitted to apply to the Australian Securities and Investments Commission for approval to destroy the books and records of the Company six months following deregistration of the Company12. Any other business that may be lawfully brought forward.
Creditors wishing to attend are advised proofs and proxies should be submitted to the Administrator by:
Trevor Mark PogroskeAdministrator
Paul BillinghamJoint Appointees