SAS 0.00% 1.6¢ sky and space company ltd

Ann: Administrators Appointed to Sky and Space Global Limited, page-151

  1. 3,867 Posts.
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    The worst of the worst was one eyed holders belting down the posters that were indicating that this was only a money grab, you need to follow the money trail, this needs to be investigated by the Australian federal police, also a notice to interpol in regards to the money flow to overseas entity bank accounts, it can start with asic taking a peek but the receivers have one goal, and if anyone ever looked into receivers costs of juniors at $600 per hour the bills mount up, usually unsecured holders get zip, the whole process from initial concept to closing the bank accounts is well planned out in advance, just follow the money, the company accounts only show an overview of where funds were directed, dig deeper and it ( going into how announcements are constructed) possibly may show that there is company to company to company payments that may, or possibly be connected to company participants such as but not limited too , the cleaner, the baker and the candlestick maker. Do you think that the receiver administrators give a toss about the where the money went if it is not in plain sight? The financial transactions will leave a trail but untangling the trail is not in anyones interest. Thus this is why it all goes away. Next time when people throw up the warning on these companies it may be better to take notice than drop a bucket of shit on them.
    Last edited by Tumby: 11/04/20
 
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