Unitholder Update – 9/11/2018

Philip Sullivan is now bankrupt and following a creditors meeting on 19 September 2018, Messrs Jason Cronin and Terry van de Velde of SV Partners were appointed trustees of his estate.

Reports have been submitted to the creditors summarising the assets and liabilities of the Bankruptcy and some further investigations that will be required, particularly concerning transactions involving the bankrupt and other entities.

SV Partners have confirmed that they continue to review documentation regarding the Bankrupt affairs and will provide further updates to the creditors as the administration progresses.

Once we receive updates from the Trustee, we will provide further information to investors.