SAFE approval was suppose to take 2 months.. it is now 6 months.. it is not going to happen.
The money is now long gone.. Jiameng tricked everyone, he bought time.. we gave him time to run off with our money.
PEZ, TTC, SBB, CDC all these Chinese companies meet the same fate. All profitable with lots of cash in the bank. But now delisted, and aussie shareholders can't get to those responsible. At least I woke up now and save 1/3 of my capital rather those loose it all.
ASIC, ASX.. they're just a bunch of w*nkers.. They are not going to help.
it is the greedy fish the swallow the hook, line and sinkers.. everything.. Jiameng put out a fake bank statement and profitable annual report and we swallow it whole.
Ann: Annual Report to shareholders, page-57
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