I found some ways for shareholders to survive by google search "ERG May hiding cash". We should setup a group of legal action, by sending a e-mail contact to "[email protected]". 154 viwers know it now.
look at that site --- "ERG shareholders looks like not way to go, but vote to self knock down. But ERG voting may be illegal. 1. It may not be approved by Australia Foreign Investment Regulor, before voting. They're passing ERG assets to a Foreigner. Govt will check them after vote, include NSW govt.
2. The directors may be hiding important informations to shareholders and deliberily lead ERG to bankcrupt status. That could be fraud and coruption. They could need to compensate all shareholders loss. Every time a company bankcrupt, Some of directors could be in jail. If a financial game player was heared possible in jail, All his lenders would take away everything from him in few weeks in this crisis time, he would not survive from the crisis. Shareholders will take group legal action on them. ASIC may be monitoring them.
3. A person knocking down ERG, put public trafic system in unstable and dangerous status, including USA and China capital cities. Lots cities trafic computer systems could be controled by one person via a unstable private company. FBI could investigate them.
There are plenty ways shareholders can do, See how they're going on. "
ERG Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
