On September 27, 2017, BPS Technology Limited announced that Alceon Liquid Strategies Pty Ltd and LHC Capital Partners Pty Ltd have informed the Company that they have commenced dispatching a notice of meeting of the members of Company under section 249F of the Corporations Act 2001 (Cth) which is to be held on November 3, 2017. The resolutions set out in the notice was to remove Trevor Dietz, Antonie Hendrik Jakobus Wiese, Murray Howard d’Almeida, Brian Robert Hall, and Garth Ronald Barrett as directors and elect Iain Dunstan, Peter Clare, Andrew Daniele Frances Pipolo, and Anthony Jude Lally as a directors.