ASIC on the ball with this crowd ,,,,,From the cash received from the last share placement the directors used well over $100000 to pay off credit card debts for which they would have been personally liable had the company gone into liquidation with the debt owing and unpaid . ASIC have picked up on this and are asking the current receivers if they consider the massive payment to Amerian Express to be a preference payment to a creditor and will American Express be sued to return these funds or will directors be sued for re-imbursement .Fortunately there is one ASIC investigator who has it in for this mob and says he will get them one way or other
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- congratulations to asic investigator
ETC
entertainment media & telecoms corporation limited
congratulations to asic investigator
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