@ralt
most believed in the potential at one point, given the benefit of doubt to execute. But think about all the rational individuals, who have called it now dead rabbit. We arent crazies, we are investors who just call it what it is after a while.
I think one of the best pieces of fiction, was Toomai, i dont know if you were around then, but go back and check the threads, and the fantasy that the company was peddling then.
I was here, in the beginning for K2U, simple product, simple execution, and that failed , blamed on the third party not promoting it. If it was so good, you dont give up, you find others to execute the promotions. There was even an article in one of the major papers, AFR or Australian i recall. So if a simple Kareoke high margin money maker,(and the peer had gone from start up to 100's m in a few years) was too much trouble to get going, how on earth did they think they would then tackle the Ukraine, then africa, and south america. Its all blame the other guy. And they keep lining up the next guy to blame. And going into indonesia, yeah, thats another "we say so country".
The most worrying thing is that if all this end up in administration, that if Nick is able to get the IP back into the UK.?
It should go down with the ship, than allow a fraudulent product to be peddled again. You can bet that the ASX wont allow it to burn investors twice. Maybe a UK listing ? How many complaints do you think ASX would get if they tried it here ? especially when ASX has called their bluff.
I know people hold onto hope. But sometimes, you have to shoot the fox in the chicken house, and move on.
Ann: Notice of General Meeting and Independent Expert's Report, page-302
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