I have just read through the administrators 'First Report to Creditors', and it makes sobering reading. From reading through the creditors and the amounts owing I can only guess that SAW paid no one over the past 6 months!! Does this qualify DJC as 'trading while insolvent'???
I am also concerned that out of the 140 staff affected by this, only about 20 have been represented in this forum or e-jets.org. Sadly, to date, they have spent more time blaming each other then co-ordinating a united front.
I am concerned that the fragmented, cut-off staff who are far too busy trying to put food on their own tables are now in no position to privide a united front, never mind have the expertise to secure their best interests by next Wednesday, including the appointment of another administrator!
For information, Creditors Meeting:
Room 3 of the Institute of Chartered Accountants
Level 32, 345 Queen Street, Brisbane
Wednesday 25 March, 2009, 10.00 am.
More communication please, ring those ex work mates and get them onto e-jets.org and get them involved. Anyone on the facebook site, please cut and paste this message there on my behalf.
