No one has seen the payment terms, not even EM1, who needs anything written down to see when verbal agreements is all that is required.
Read the 4C. Then read the 4D. Then go back and read the agreement between EM1 and TIM / ICT / Crowd1. Then explain how any of it makes any sense.
Bbetween 2 official ASX announcements alone, there is an unusual discrepancy of cash receipts. Even a discrepancy between costs $1,281,000 vs $1,351,952. When EM1 is only entitled to 64.5% of net revenue, why hasn't there been a break down of both gross and net revenue, and why has nothing been paid back to ICT?
Also news flash: Criterion is hardly independent.
Regency Corporate (Bert Mondello's office)
Suite 1 GF, 437 Roberts Rd, Subiaco WA 6008.
Criterion Audit's office:
Suite 1 GF, 437 Roberts Rd, Subiaco WA 6008
What about Emerge Gaming prior to being suspended from trading and then conveniently changing their address in December 2020:
Who does the auditing for all of Bert Mondello's companies? Oh.. Criterion. Not sus at all.
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