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  1. #8261
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    Quote Originally Posted by Getty View Post
    Is Juno Mr Udderfield?
    Stranger things have happened on this thread

  2. #8262
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    Quarterly Report Sheet - Period ended 31 March 2022 :

    http://nzx-prod-s7fsd7f98s.s3-websit...250/369557.pdf

    On the regulatory front during the quarter NZ RegCo concluded their review
    of certain matters raised during 2021. The outcome was that NZ RegCo
    found that NTL breached multiple provisions of the NZX Listing Rules, in
    relation to the 2019 capital raise and also in relation to subsequent events
    in 2021. NZ RegCo determined, that given the changes to the Board since
    the 2021 ASM, an educative outcome was appropriate, rather than taking
    enforcement action. Accordingly NZ RegCo published a report regarding its
    review, instead of referring the matter to the NZ Markets Disciplinary
    Tribunal.

    The Company considers this is a fair result for shareholders who had
    already demonstrated their displeasure with the previous Board at the 2021
    ASM.
    Late in the quarter Matthew Hill (former Director) filed a claim with the NZ
    Employment Relations Authority. Mr Hill asserted in the claim that he is
    entitled to various employment related entitlements and compensation,
    provisionally quantified at $817,537.

    NTL does not accept that Mr Hill has been an employee, continues to deny
    the claims and considers them to be without foundation. Mr Hill had
    specifically requested a management services contract for Asia Pacific
    Capital Group Limited.(APC) As part of NTL’s defense, Mr Hill has been
    asked to provide financial records for a number of entities APC and he were
    involved with whilst contracting to NTL.
    That could be interesting

    These entities include a company associated with Matthew Hill that made undisclosed application to NZPAM for a tenement that NTL had relinquished.

    Further action against Mr Hill has not been ruled out by the Company.

    Well done - NTL Board - go after the Critter with a red hot poker .. the more
    in the chase the better

    Really can't fault the new Board's progress to address matters very promptly either
    Last edited by nztx; 29-04-2022 at 05:21 PM.

  3. #8263
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    " Yes I had 5 million reasons to jump on the class action wagon. Suggest steering committee be Robbo and Juno. "

    What class action is this? is it directed at NTL or M Hill?

  4. #8264
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    Quote Originally Posted by dubya View Post
    Day of reckoning is coming.......get the popcorn ready
    I wonder if he showed up

  5. #8265
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    Quote Originally Posted by Landyman View Post
    I wonder if he showed up
    It was just a telephone case management conference call between lawyers and the judge.
    Wheels of justice spin slowly......but at least they are spinning!!

  6. #8266
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    Buyers at $0.002 drying up - Jonu, start digging my friend.

  7. #8267
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    Quote Originally Posted by Landyman View Post
    Buyers at $0.002 drying up - Jonu, start digging my friend.

    The are rumours that weekend expeditions are being staged to try to locate Hill's lost treasure casket
    allegedly buried somewhere on the Hill and bound to point to exactly what previously went wrong

  8. #8268
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    Quote Originally Posted by nztx View Post
    The are rumours that weekend expeditions are being staged to try to locate Hill's lost treasure casket
    allegedly buried somewhere on the Hill and bound to point to exactly what previously went wrong
    Should not be hard to find the treasure.

    According to many of Matts reports, its stock piled in the mine, awaiting processing...

  9. #8269
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    He was ahead of the bell curve, was that Matt.

    The Chinese are making overtures to the Pacific nations, offering to advance fishing and mining.

    With Matts Vanuatu foray, he knew how to use mining to get fishing...

  10. #8270
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    Quote Originally Posted by Getty View Post
    Should not be hard to find the treasure.

    According to many of Matts reports, its stock piled in the mine, awaiting processing...

    must be a fair pile down there somewhere to have caused such a delay in Board reporting back
    or perhaps they're still checking out the shadows on where it was alleged to have been last seen ?

    Maybe Matt's Ghost is throwing a multitude of spanners in the works deep down in the shafts
    Last edited by nztx; 26-05-2022 at 08:34 PM.

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