My understanding is that RED5 shares were not all performance shares. Also I do not think that ASIC is going after the RED5 shareholders, therefore they can probably do whatever they want.
PrimaryMarkets still has a buyer:
We have a family office interested in acquiring shares in iSignthis. If you are an existing Wholesale or Sophisticated shareholder in ISX and would like to get liquidity for your shares please contact us.
https://www.primarymarkets.com/open-assets-on-offer/wanted-isignthis-shares
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Ann: Form 604, page-25
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