ASIC need a to be contacted as well as ASX. But I think judging from @XPDtragics post, that the Aussie directors are doing the hardest to get funds transferred. BUT...given this is an Australian listed company, and because it was allowed to be listed in Australia via ASIC and ASX, then these two regulators are definitely responsible for ensuring this Jaimeng acts in according to the best interest to shareholders and the company. ASIC and ASX must take full responsibility, and now act for shareholders here ..what do others think. I hold a tiny holding, but that's not the point, the point is these regulators who allowed this company to be listed as an Australian company are then responsible for launching legal action against Jaimeng if he is the issue. drifta