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Originally posted by Shift35:
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Guys don't be quick to rubbish JLO and his claims remember he has cash invested in here too and is one of the smartest people on this forum. The performance shares and how they were obtained was always a sore spot for shareholders at the time. The original shareholders on this thread let it go after the sp exploded and conveniently left it in our rear vision mirror. We can argue all day about what qualifies as revenue and what shouldn't. The positive thing is that if these shares have been found to be obtained in a manner that the ASX or ASIC disagrees with then they will be cancelled and it will contribute very positively toward the sp, however it will effect a very pragmatic and effective CEO (JK) in a very negative way and we do not want that considering the growth and future potential growth that john has given us despite his perceived handling of "truth" at times. If ISX has a problem of disclosure and perf share issues then we will be eventually slapped with a fine and the company will be reinstated and be able to trade with a sore ass but one we can easily afford. Regardless, until this report comes out and we can all read it.... we are all clawing at each other with part truths.
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Agree Shifty most getting into him for a very reasonable defensive stand.
