Ann: Appendix 4C - quarterly, page-100

I see it two ways, either it's just running the scam, or it's laundering money.
Laundering money is easy to see why they'd have the cash to run the tech if it means they can avoid the scrutiny of the main banks, therefore worth it for them.
For running the scam, it merely takes a website to sell the currency and just an account on the video game to move the currency. Essentially they have "bots" farming currency in a manner that breaches the games TOU, the bots farm the currency, trade it to a different player who completes the transaction with the buyer. Most games have free month new accounts, meaning no cost outside of the website, World of Warcraft currently offer free game time in exchange for the currency, so therefore technically not cost again. Their main cost is the tech, which is what enables them to operate under the radar in grey areas that banks wouldn't allow.

In terms of the names, they can't legally use pseudonyms. So the directors are the actual holders of the shares. And either, my research was well off the mark, or it leaves the option either they've agreed to act as a director in exchange for something OR they aren't aware they are a director. Which I seem to think might be accurate due to the business types, and the people who are running them. I don't see a 26yo assistance store manager to a cosmetic store running a video game currency business on the side. I've actually sent her and her partner messages on Facebook, not sure if they'll get back to me.

If they aren't aware they are directors, then someone is just faking it on their behalf, with almost all documents being signed off electronically rather than physically signed.

All of this is completely aside from ISX, but if most of their gaming customers are all in the same position where they are running potential scams, I think it's something worth bringing to JK's attention as surely it only adds risk for even more negative media.. considering it made up 46% of this 4C.. $3.54million for the quarter.

Outside of media, that's a huge risk for profitability for the company if have the revenue is potentially from websites like these that are shut down very often (though they are like hydras).

That being said, I'm only taking this from that top 5 jlo posted, I obviously have no idea what their top customer makeup is currently.