what happened at the agm?, page-8

BB18

It is now always apathy on the part of S/H.

I am a realist and understand in this small companies you are completely at the mercy of the directors and management.

If some serious numbers of votes start asking awkward questions, what do you think the odds of a cap raising occuring to "sophisticated" investors is? There is then dilution and the threat is removed. May sound a bit cynical, but have learnt the hard way over the past years.

As far as ASIC and the ASX go, if you are serious then get some of the S/H together and get a good lawyer and forensic accountant to go through the books.

If you rely on ASIC to do anything you will be old and grey before anything happens. Government 9-5 employees will never be able to match it with private enterprise who are trying to make some coin. Whether they find legal or otherways they always stay a step ahead.