Intergalactic Summit

3 September YC 114

Saisio Solar System

Memorandum: Strix Defence and Intelligence exits Administration

This is notification that Strix Defence and Intelligence has exited its Voluntary Administration under a Deed of Company Arrangement with Sukuuvestaa Corporation. Voluntary Administration was decided upon by myself, Veikitamo Gesakaarin, effective 0900 15 August YC 114 as majority shareholder and chairwoman of the company to prevent potential insolvency due to credit default with primary Federal creditor, Garoun Investment Bank.

A moratorium on claims or actions by creditors against the company was enforced during the period of 0900 15 August YC 114 to 1100 2 September YC 114 when the company was placed under the care of an appointed administrator of the Secure Commerce Commission as a CONCORD registered entity. From determinations reached at the first creditor's meeting, a default on current debt would force the insolvency of the company under current SCC regulations.

In order to prevent credit default with Federal creditors and SCC insolvency, Sukuuvestaa Corporation was approached for loans to cover pre-existing debt and upon the conclusion of transactions via the SCC, Sukuuvestaa Corporation became the primary creditor of Strix Defence and Intelligence. All outstanding debts and previous obligations were successfully concluded under the auspices of the Secure Commerce Commission at 1030 3 September YC 114 when transactions were completed to Federal creditors via the SCC.

As of 1130 3 September YC 114 Strix Defence and Intelligence was successfully incorporated as a share limited company under the Caldari Business Tribunal and Caldari State securities and exchange authorities upon the conclusion of a scheme of arrangement with its creditor, Sukuuvestaa Corporation, where current debts contributing to potential insolvency were resolved through:

1. The transfer of all current Class A stock from current Chairwoman, Veikitamo Gesakaarin, to Sukuuvestaa Corporation.

2. The transfer of all current Class B stock from the company to Sukuuvestaa Corporation.

3. Ongoing consolidation and liquidation of assets to Sukuuvestaa Corporation.

4. Appointment to the Board of Directors of Strix Defence and Intelligence persons chosen by Sukuuvestaa Corporation and to be negotiated at a future date.

As current Chief Executive Officer of Strix Defence and Intelligence I welcome the investment and decisions made by its new parent company and I shall seek to ensure that the opportunities created by this acquisition of the company by Sukuuvestaa Corporation shall be repaid in full through its future actions carried out with the honour and dignity expected of a loyal subsidiary of Sukuuvestaa Corporation and the Caldari State.

Veikitamo Gesakaarin
Chairwoman and Chief Executive Officer
Strix Defence and Intelligence

My thanks for your complimentary words of support, Mr Amith, they were received well. I am certain however that under the partnership and leadership of Sukuuvestaa Corporation both success and profit are assured in the future.

I suspect that the only way for it to not change allegiances, here, would be for Sukuuvestaa to become owned by the Federation.

I'm not claiming to be able to speak for Ms. Gesakaarin, mind you.

I am afraid, that modern tribals require thorough explanations with pictures.

Business opportunities may come and pass, but a chance at vengeance? Such chances present themselves few times indeed, and in this case an opening was found and it would have been remiss of me not to take full advantage of the fact.

Classy as always, Rella, you jerk.

Neither do I.

It certainly has been a topic raised during recent conversations with CBT Justices regarding potential liability of the company due to past actions of previous management. I have continued to assert that Strix Defence and Intelligence is a separate legal entity and distinctions are to be made between the legal obligations of what is currently a State registered company and what are merely branding and perception issues. Certainly, it is an involved issue due to the involvement of both Roden Shipyards, which had acquired Strix Armaments and Defence, and previous Chairman Mjalnar Gessenier who had served as its Chief Executive Officer in the formation of the current company does raise questions about potential liability of the company if it was reinstated with Federal securities and exchange authorities under a new trading name, but it is an issue that will hopefully be addressed in the future with no liability found on the part of the current management and company by the CBT.

Now if where one is standing is a Gallentean classroom, then certainly it is understandable if the actions of others should be judged by the standards of adolescent popularity contests; baseless aspersions without foundation in fact; gossip and rumours; and ignorance of both corporate and political realities. Whilst such an education may prepare an individual for a life in democratic politics or a capsuleer clique where expressing trite and vapid opinions devoid of any critical thinking as they project ones own insecurities and values on others appears to be the norm. I am a daughter and citizen of Sukuuvestaa and the Caldari State however, and care little for fame, glory or the appellations of the crowd when doing my duty is enough.

On that note, since Strix Defence and Intelligence operates an SCC registered corporate subsidiary syndicate my general communications on this medium are simply the prosecutions of my duty as a Chief Executive Officer in providing information of relevance under the law of the CONCORD Assembly.

Even if the thoughts and opinions of the inarticulate and ignorant capsuleers who, in perhaps lacking a robust education in corporate and company law in the Caldari State only succeed in embarrassing themselves in public to, I admit, my own idle amusement.

Mercies. Public notice.

I will comfort myself with the knowledge that you have done me the kindness of giving me time to set the table and pour the wine.