Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Patricia is a 48% shareholder in Opium Pharmaceuticals Ltd. She has been buying up shares in an attempt to gain control over the company. She tells you the following: It has come to her notice that the board of Opium Pharmaceuticals Ltd has authorized the issue of 10 000 shares to Johnny Investor, at a price of $ 50 per share (the large scale of this offering means that the disclosure requirements of Chapter 6D of the Corporations Act 2001 (Cth) did not need to be complied with). However, the effect of this issue is that her relative shareholding in the company has now dropped to 25%. The company's accounts indicate that it has cash reserves of $ 100 million, and there are no new projects that will be undertaken. She also learned that Peter Somnium, one of the executive directors of Opium Pharmaceuticals, who was given the job of acquiring raw materials for the company, negotiated a contract for the purchase of opium poppies (used by the company to make morphine) at $ 500 per tonne from a local supplier, whereas research on the internet (which Somnium admits he did not undertake) indicates that the poppies are easily obtainable at $ 100 per tonne. The result was that the company paid $ 1 million more for the poppies than it need have. Patricia also tells you that when she wrote to the board advising it of this issue, and asking that they take action against Peter, she was told that the board had decided not to act. They have also ignored her complaints about the share issue to Johnny Investor, saying that the shares were issued in order to raise capital. Advise Patricia as to the legal issues arising out of these facts and what remedies are available to her.
Mrs. Mackay refused to pay for the computer, the scanner, or the digital camera and insisted that Fiona take them back and Explain the legal positions and liability of the parties.
What is a stakeholder and how does your business define stakeholder - how does your business communicate with its stakeholders?
Suppose that legalization of drugs is adopted as public policy in the United States. What specific drugs should those be? Suggest guide line to implement this policy
in this exercise you will determine the effects of water on latent prints.take a drinking glass and handle it making
Write an essay to describe the history and development of probation, including how it is organized and used today.
Connecticut State Legislation for Whistleblowers, Why is Connecticut a Safe Haven for Whistleblowers
the constitutional rights of prisoners may be held in abeyance during the time they are on probation or parole. they
the classical view of punishment was fueled by the notion that offenders were evil men and women who had to be
Conduct a cecybrary search for two journal articles in Crimial Justice, one on quantitative research and the other one on qualitative research. Write a age paper describing the similarities and differences between the two research studies
How extensive are the codes from the two organizations/associations and do these codes reflect values? What values?
What types of activities are conducted by your interest group? provides examples of activities undertaken by thegroup within the last 12 months. Activities can include lobbing, television or radio sport, rallies or other activities. Also, if avai..
write a 1400- to 1750-word paper in which you use a risk assessment methodology to assess the key principles of
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd