Ann: Response to ASX Query Letter, page-156

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pastperformer

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28/10/19

17:55

Post #: 41105010
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Originally posted by OzJ: ↑

In the link to the ASIC warning on the suspended companies we find that the companies who provided over 25% of ISX revenue in the quarter proceeding the performance awards (April-June 2018) had been warned about by asic on Feb 13 2018 where they suggested all Australian businesses not do business with these guys.

australian accounts were frozen in March 2018 but it looks like ISX kept doing the bulk of its business with these guys using overseas accounts apparently. They couldn’t be doing it with Australian funds.

we don’t know when ISX ceased business with these guys but it was after June 2018 and well after asic had them rolled up locally.

Expand

Again, show me where ISX conducted transactions for them post the Feb ASIC warning? Show me one piece of evidence supporting this claim. Don't worry I'll wait.

Originally posted by retiredyoung: ↑

Hi pastperformer

I am not sure why the ASX is asking the questions but they appear to be checking whether ISX's disclosure is OK.

ISX did disclose information on two merchants in 2018:

April 2018:

July 2018:

Expand

And coincidentally, retiredyoung has posted evidence counter to your claim. They didn't even count the GPTV after this ASIC announcement.

Honestly, I think it's time you had a break from these forums OzJ.

Last edited by pastperformer: 28/10/19

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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Ann: Response to ASX Query Letter, page-156

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