You'd think someone at Mercer Investment Group would realise this company is a sham. Maybe they've got their head in the sand or some junior advisor looking after this account is hoping no-one notices the massive stuff up investing in this entity is and their worried they get the chop.
The external accountant 1-2 years ago in the annual report mentioned if this entity was a going concern.
How about this comment:
- acquire complementarybusinesses and technologies.
They already wasted (or personally pocketed) millions doing this. Now they are going to do it again using funds from UK suckers.
Out of all the companies I have looked at over a long time on both the ASX and overseas, this has been the shonkiest and worst run entity by far.
As Footmax stated above. GOOD RIDDANCE.
You'd think someone at Mercer Investment Group would realise...
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