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11/03/18
10:19
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Originally posted by happytrader2015
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What a good investigative journalist Jonothan Shapiro is, and mandatory reading for any retail investor in Australia.
Apart from blowing apart the BIG story, he says he has been inundated with readers contacting him about ASX listed companies, some sought out by ASX for the emerging tech sector, often from ISRAEL, SINGAPORE and Ireland; newly listed that investors feel are fleecing them blind.
Huge fees going to the directors with continual credit raises and promises of revenue that never happens.
It's a scandal and needs to lanced.
Australian investors need to be more cynical about the company hyperbole and continually probe company directors about their activities.
Let's hope SHAPIRO continues to expose these disgraceful operations, right now from my own investigations I could name >5 ASX listed companies that should be investigated including one junior miner. And that's just from my very limited time to research companies because I like to invest in stocks.
It's an absolute scandal and disgrace.
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Lets hope shitiro gets sued for reporting defamatory BS.
The Commonwealth spent convictions scheme (the Scheme) allows an individual not to disclose certain criminal convictions in particular circumstances, and prohibits unauthorised use or disclosure of information about the conviction.