DYNAMIC AGRI TECH LTD

company is deregistered today (should have happened 20 years ago!)

Strike-off action is initiated against the company

a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued - in this case 2018/19

The Queensland Court of Appeal has dismissed an appeal against orders appointing liquidators to Gognos Holdings Ltd (Gognos) and Dynamic Agri Tech Ltd (DAT) (companies). In dismissing the appeal, the Court referred to the companies' "˜lamentable history of mismanagement of and misconduct'. The liquidation will now proceed.

ASIC obtains orders appointing Mr Michael Hill and Mr William Harris, of McGrathNicol, as joint and several liquidators (the liquidators' appointment was stayed by the court pending an appeal by the companies, which was filed on 9 October 2017)

SMH reports that after lodging its 10th supplementary prospectus in August as part of its attempt to raise up to $13.5 million, Dynamic Agri Tech has withdrawn its application to list on the ASX

the company is still scheduled to close the offer on 31 January 2011 and list on the ASX 17 Feb 2011

according to today's Daily Telegraph, complaints have been filed with the Australian Securities and Investments Commission alleging the Dynamic Agri Tech prospectus seeking to raise $12 million on the stock market contains false and misleading statements

the Directors of Dynamic Agri Tech Limited propose to issue a replacement prospectus which will have a different offer period and closing date to that under the current prospectus - ultimately, this will enable investors to have more time and information before they make an investment - whilst timing is not directly under the control of Dynamic Agri Tech Limited, the company is hoping to issue its replacement prospectus on 25 October 2010

at an Extraordinary General Meeting of Didasko's shareholders held on 12 November 2009, shareholders approved a number of resolutions effecting the following: • The acquisition of Dynamic Agri Tech Pty Ltd via the issuance of shares representing 91.6% of the issued share capital of Didasko (post-share issue); • The issuance of shares in ActiveSky Holdings Limited (previously a fully owned subsidiary of Didasko) to shareholders of Didasko at 1 November 2009 as an in-specie dividend so as to remove the ownership of ActiveSky from Didasko; • A change of the Group's name to Dynamic Agri Tech Limited; and • A consolidation of the Dynamic Agri Tech Group's issued capital on a one (1) for fifteen (15) basis (that is one share for every 15 shares previously held) ("Share Consolidation") - it appears there was also an earlier consolidation at the rate of 100 for one so taken together if you originally had 1500 shares you will now have one share!!

this company now called DYNAMIC AGRI TECH LTD has sent a letter to shareholders welcoming them to the company - there is a prospectus and the company is seeking to raise up to $12 million - you can review the prospectus at www.dynamicagritech.com

company will in due course be seeking to re-list on ASX

name changed from Didasko Limited