Max Multimedia 934450 vom Handel ausgesetzt! - 500 Beiträge pro Seite

[Daggelbert]

An alleAustralien -Investierte!

Kann mir denn einer veraten warum Max Multimedia Aktien seit18.6.2001 nicht mehr gehandelt werden.Auf welcher Seite kann man aktuelle Kurse und Infos über dieses Unternehmen oder andere australische Gesellschaften einholen?
Danke für Eure Hilfe Daggelbert

[Daggelbert]

Bin ich denn der einzige der an diesem Unternehmen interessiert ist, hat denn kein weiterer von Euch Aktien dieses Unternehmens?
Ciau Daggelbert

[SOM.you.]

RE: MXM

die Aktie ist von der Kursliste verschwunden. ein ähnliches Verfahren wie bei Adelong.

Das alte Geschäftskonzept wird ueber den Haufen geworfen.
Anfang August sollen die Aktionäre über das weitere Vorgehen beraten.

MXM hat noch einige Millionen AUD in der Kasse liegen.
Meine email Anfragen bei MXM wurden nie beantwortet.
Trotzdem habe ich noch ne kleine position im Depot, da noch Geld da ist.

Bleibt aber ein reiner Zockerwert bis auf weiteres.


Hier die AdHoc :

HOMEX - Perth

+++++++++++++++++++++++++
PROPOSAL

The Board of Directors of Max Multimedia Limited (Max or the Company)
are pleased to announce that the Company has entered into a
conditional agreement to purchase all of the issued capital of
Insolvency Management Fund Pty Limited (IMF).

Under the direction of the well known Sydney lawyer, Mr John Walker,
IMF has become a leading supplier of litigation funding and support
services to insolvency and legal practitioners. IMF controls about
40% of the growing market for litigation funding in Australia.
Currently, IMF is paying litigation expenses for about 75 cases in
various courts throughout the country. The business of IMF involves
the payment of litigation expenses in return for an agreed percentage
of the judgement (generally about 35/40%).

Subject to the completion of the purchase of IMF, Mr Hugh McLernon
will take over the role of Chief Executive of the Company on a full
time basis. Mr Alden Halse (formerly the joint senior partner of
Ferrier Hodgson in Western Australia) will be invited to join the
Board as Chairman. Other members of the Board will be Mr John Walker
and ex Clayton Utz partner, Michael Bowen.

PREVIOUS ACTIVITIES

The existing Board of the Company has spent the last three months
finalising the previous business activities of Max and has negotiated
a release from the numerous contracts entered into with various,
sporting clubs and individuals. This task has now been finalised.

Max has approximately $4.6 million cash on hand including $2.6
million payable by way of convertible notes. Other than the
convertible notes, the Company has no material liabilities.

The Board of Max intend to call a meeting of shareholders for early
August 2001 to enable shareholders to consider and vote upon this
change of business direction. At this meeting, the Company will seek
approval to consolidate its issued capital and change its name to
"Insolvency Management Fund Limited". In order to avoid unnecessary
expense and to expedite the approval process, the Board intends to
put these resolutions at the Company`s Annual General Meeting.
Accordingly, the financial statements for the Company will also be
available to shareholders.

Given the previous business of the Company has been wound down, the
Board has requested that the shares of the Company be suspended until
shareholder approval has been obtained and the Company has satisfied
its re-compliance obligations under the Listing Rules.

THE BUSINESS OF IMF

The current shareholders of IMF are entities associated with Messrs
Danny Hill, John Walker and Hugh McLernon.

Interests associated with Mr Hill currently hold approximately 17% of
the issued capital of Max and 50% of the issued capital of IMF.

Interests associated with Mr Walker hold 25% of IMF. Mr Walker has
been the managing director of IMF for the past two and a half years.

Interests associated with Mr McLernon hold 25% of IMF. Mr McLernon is
currently the chairman of Max and has been a director of IMF for the
past two and a half years.

As a result of the related party nature of the transaction, an
independent expert`s report prepared by Ernst & Young will be
provided to shareholders. This report will express an opinion as to
the fairness and reasonableness of the proposed transaction.

To date, the business of IMF has been carried on in joint venture
with Expectation Pty Ltd (a company which is associated with Mr Hill
and of which both Mr Hill and Mr McLernon are directors) (Joint
Venture).

Subject to shareholder approval, the purchase price to be paid by Max
for the purchase of the issued capital in IMF is $1,500,000. The
purchase price will be satisfied by the issue of ordinary fully paid
shares in Max at a deemed value of 4 cents per share (on a pre
consolidation basis). Presently, the net asset backing of Max shares
is approximately 4 cents per share. Max shares have traded at around
this level on market in recent times.

Max will also seek approval to issue convertible notes to secure the
repayment of $3,000,000 in funding which has been provided to the
Joint Venture by Expectation (and other related parties). The notes
will be convertible into Max shares at a price of 4 cents per share
(on a pre consolidation basis).

Shareholder approval will also be obtained for the issue of options
exercisable at 4 cents per share (on a pre consolidation basis)
within three (3) years from the date of grant to Mr McLernon and Mr
Walker. A total of 27,000,000 options are proposed to be granted to
Mr McLernon (18,000,000) and Mr Walker (9,000,000).

Max intends to repay its existing debt of approximately $2.6 million
to the current holders of its convertible notes. The notes will then
be cancelled.

CONSOLIDATION AND CAPITAL RAISING

As part of the transaction, the Company will seek approval to
Consolidate its issued capital on a one (1) for five (5) basis.
Options currently on issue will be consolidated in accordance with
the Listing Rules.

The Company will also seek approval from shareholders to conduct a
rights issue on the basis of two (2) shares for every one (1) share
held at the equivalent of 4 cents per share (or 20 cents per share on
a post consolidation basis). This will raise approximately $7,500,000
in working capital.

Montagu Stockbrokers Pty Ltd has agreed "in principle" to underwrite
the rights issue.

After completion of the acquisition of IMF and the rights issue,
"Insolvency Management Fund Limited" will carry on business with
assets comprising the IMF business, approximately $10,000,000 in
working capital and no material liabilities.

The existing Board believe that the opportunity presented by this
transaction has the potential to develop into a significant and
successful business.

H McLernon
DIRECTOR


SOM

[Daggelbert]

Danke Som.you.
Falls jemand Neuigkeiten über MXM hat oder sie ab August bekommt stellt Sie doch bitte ins Board, ich versuche ebenfalls aktuelles herauszubekommen
Ciau Daggelbert

[SOM.you.]

RE: MXM

die MAX Multimedia wird umbenannt :

CHANGE OF NAME

Participating Organisations are also advised that, subject to
shareholder approval, the Company will change its name to Insolvency
Management Fund Limited. The new ASX code will be IMF.

Insolvecy Management Fund, *lächel*

Kümmern die sich jetzt um Ihre eigenen Insolvenz ?

Mal abwarten.

Relisting frühestens im Oktober.


SOM

[earlgrey1]

MAX MULTIMEDIA


MAX MULTIMEDIA LIMITED 2001-08-03 ASX-SIGNAL-G

HOMEX - Perth

CONSOLIDATED BALANCE SHEET

At end of As in last As in last
current annual half yearly
period report re
port
AUD000 AUD000 AUD000
CURRENT ASSETS
4.1 Cash 4,653 7,312 5,362
4.2 Receivables 41 382 116
4.3 Investments - - -
4.4 Inventories - 235 -
4.5 Other (provide details
if material)
6 109 72

4.6 Total current assets 4,700 8,038 5,550

NON-CURRENT ASSETS
4.7 Receivables 11 - 21
4.8 Investments (equity
accounted) - - -
4.9 Other investments - - -
4.10 Inventories - - -
4.11 Exploration and evaluation
expenditure capi
talised
(see para.71 of AASB 1022) - - -
4.12 Development properties
(mining entities) - - -
4.13 Other property, plant and
equipment (net) 20 544 177
4.14 Intangibles (net) - 110 -

4.15 Other (provide details if
material) - - -

4.16 Total non-current assets
31 654 198

4.17 Total assets 4,731 8,692 5,748

CURRENT LIABILITIES
4.18 Payables 377 889 716
4.19 Interest bearing
liabilities 2,600 - -
4.20 Provisions 218 104 58
4.21 Other (provide details if
material) - - -

4.22 Total current
liabilities 3,195 993 774

NON-CURRENT LIABILITIES
4.23 Payables - 17 -
4.24 Interest bearing
liabilities - 2,600 2,600
4.25 Provisions - 28 7
4.26 Other (provide details if
material) - - -

4.27 Total non-current
liabilities -
2,645 2,607

4.28 TOTAL LIABILITIES 3,195 3,638 3,381

4.29 NET ASSETS 1,536 5,054 2,367


Der NTA läge lt. ASX-Meldung bei 0,0328 AUD gegenüber 0,1107 AUD in der Vorperiode.

Ich denke nicht, daß da noch recht viel zu holen wäre.

Wie heißt es - "nomen est omen"!


earlgrey1

[SOM.you.]

RE: MAX MULTIMEDIA

Aktien sind gesperrt worden.
habe heute eine Info meiner Bank bekommen.
Reverse Split 5:1

anschliessend eine Kapitalerhöhung von
2:1
Bezugspreis : 0,20 AUD

Aktuelles NTA 0,164 nach Reverse Split

Somit ist der Bezugspreis als fair zu betrachten.

Mir scheint das aber noch alles so unklar und diffus, so daß ich mir noch unklar bin ob ich bei der KE mitmache.

Die Kapitalausstattung nach der KE dürfte jedoch ganz attraktiv sein.


SOM

[earlgrey1]

Re: MAX MULTIMEDIA

Leider ist nur bekannt, wie das Aktienkapital umstrukturiert wird, jedoch
gibt es keine Info´s zu Änderungen im operativen Bereich bzw. sind mir
nicht bekannt.

Bei dem cash-burn der Vorperioden dürfte auch eine gute Kapitalausstattung
bald wieder dahin sein, wenn die weitermachen wie bisher.

Ohnehin reizt der neue Firmenname nicht umbedingt zur Teilnahme an der Kapi-
talerhöhung.

Für mich steht schon jetzt fest, daß ich nicht an der Kapitalerhöhung teil-
nehmen werde - ich bin nämlich nicht in MXM investiert.


earlgrey1

[earlgrey1]

Re: MAX MULTIMEDIA

Nur zur Info:


MAX MULTIMEDIA LIMITED 2001-09-13 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
The Board of Directors of Insolvency Management Fund Limited ("the
Company") advises that the Company has re-paid convertible notes with
a face value of $2.6 million to the convertible note holders.

The intention of the Company to make this repayment was announced in
the recent notice of General Meeting.

In the current financial climate the Board has decided that it can
access funding on much more favourable terms than the 10% interest
rate payable on the convertible notes.

The repayment leaves the company debt free as it finalises its $2.5
million placement and $7.25 million rights issue to shareholders.


H McLernon
DIRECTOR


ealrgrey1

[earlgrey1]

Re: MAX MULTIMEDIA / BRIEF AN ALLE AKTIONÄRE


MAX MULTIMEDIA LIMITED 2001-09-18 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
We refer to the rights issue prospectus for Insolvency Management
Fund Limited (formerly Max Multimedia Limited) dated 5 September
2001.

In accordance with the prospectus timetable, we confirm that a copy
of the prospectus together with personalised entitlement and
acceptance forms was forwarded to sharehold
ers on 17 September 2001.

We also attach, for release, a copy of a note to shareholders which
accompanied the prospectus.

S Spiers
COMPANY SECRETARY


LETTER TO SHAREHOLDERS

1. This note is going out to all of the shareholders of Max
Multimedia Limited (now named Insolvency Management Fund Limited)
(IMF or Company) from the Board of Directors of the Company. It
accompanies a prospectus for a rights issue to those shareholders and
should be sent in conjunction with that pr
ospectus.

2. It is, of course, prompted by the calamitous events which have
recently occurred in the US.

3. The purpose of the note is to outline the current position of IMF
as we finalize our rights issue.

4. The promoters of the litigation funding business (primarily Hugh
McLernon and Danny Hill) chose Max Multimedia Limited (now IMF) as
the vehicle to pursue the business because they, along with you, are
already shareholders of the Company and because it gave sharehold
ers
the opportunity to recoup share price losses arising out of the "tech
wreck" of April 2001.

5. The Company is completing a $2.5M share placement which despite
the US calamity is heavily oversubscribed. The Company will have a
cash position of $4M on completion of this raising.

6. The placement has enabled us to add a number of new major
shareholders, notably Thorney Holdings from the Pratt Group and Rob
Ferguson the ex MD at BT Australia.

7. We have also added individu
al brokers as new shareholders notably,
Peter Gunzberg from CIBC, Ivor Findlay from Findlay and Co and Tim
and Simon Lyons from Macquarie Porter Western.

8. As outlined in the recent notice of general meeting, we have repaid
the $2.6M in convertible notes on the basis that we can do much
better in the current debt climate than a 10% interest rate. The
Company is now debt free and has the $4M in cash referred to above.
In addition it has the opportunity to utilize the $3M dep
osit
facility referred to in the prospectus.

9. The rights issue is fully underwritten and fully sub underwritten.
$3.5 million of the $7.25 million to be raised in the rights issue
has been sub underwritten firm by Danny Hill, Hugh McLernon and John
Walker while the balance has been sub-underwritten by the Pratt
Group through Thorney and by individual broker members of Montagu
Stockbroking.

10. The litigation funding business is fully operational and IMF has
a full book of
cases and further opportunities.

11. The litigation funding business is classically countercyclical -
its major clients are insolvency practitioners.

12. Each of you, will of course, make your own investment decision in
relation to the rights issue based upon your own current
circumstances. The Board makes the point that the fundamentals of the
business (as set out in the attached prospectus) have improved rather
than have been dented by recent events.

13. IMF is due to r
elist on ASX in early October 2001 by which time
the full fallout from recent events should have been factored into
the market.

14. The Board hopes that all shareholders, large and small, will be
able to take advantage of the rights issue and retain their interest
in the future success of the litigation funding business.

H McLernon
MANAGING DIRECTOR


earlgrey1

[SOM.you.]

RE: Max Multimedia

die Aktie ist wieder gelistet, und wurde in Australien bei 0,17 AUD nach dem Reverse Split gehandelt.

Die neue WKN lautet : 798395
Name : Insolvency Management FD

SOM