Yep, soon the internet will be overrun with snake oil merchants promoting dodgy schemes, protected by lawyers using 'the system', and very likely ignored by ASIC if my experience is anything to go by because the schemes will be 'legitimate'.
And there is not one thing any of us can do about it. Defamation will be another money making machine.
How long before we have company list on the ASX to employ a room full of computers full time to further gut irate fleeced investors.
I guess that would also operate from Perth. It seems to be where all the money is going to start with, so the obvious choice.
Punters will be indefensible - having lost their shirts to dodgy companies and with little cash remaining to defend themselves they are likely just to settle.
Cashed up directors who have made of with millions in cash or issued tens of millions of discounted shares to themselves will find a new revenue source as they further fleece their current and former shareholders.
You can just see that in time people are going to start to take the law into their own hands like they do in the USA.
The people of Earth just make me want to gas myself at times.
