They moved to Singapore with the social media CEO and the Asian Netsuite acquisition along with the tinpot self-developed acquisitions.
The Quicta Quakta Qwhata exercise has been obscure and expensive with no value or market penetration.
Result - increase in "employee" expenses and revenue decline.
Plus a totally illiquid share price. It cannot move and has been that way for years.
Over $9,000,000 in employee expenses run this operation at a stagnant revenue and a loss.
All the insiders getting "fat" salaries and boardroom members patting themselves on the back for being safe.
It is pathetic.
In this day and age to see such a bureaucratic board/management squander opportunities to form global collaborations with this "agency" business.
Now a new "old" world CEO tarred with the same brush as the board.
.........result, an ASX-listed company wallowing like a cork in the ocean
$9,000,000 Employee Expenses, page-4
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