The ASIC trial was broadcast over teams and open to the public. Anyone who requested a link was welcome to tune in and watch the entire trial. I believe this was due to the right to a public trial meets COVID.
If you missed it that is a shame. As I said earlier, personally it made me more comfortable with my investment. Regardless of the eventual outcome of the case, whatever it may be, it validated a number of my personal beliefs going into the investment.
A letter by some major holders also released a letter in June as follows regarding this:
"As the current proceedings are open to the public, we have been following along very closely. In its early years, GetSwift was a young, potentially high-growth, technology company with 8 employees. In our experience, virtually every successful technology company in the world progresses through an “infant stage” where optimism, enthusiasm and confidence in their future success can be overwhelming. We are pleased to have seen the developmental steps GetSwift has taken since those early times, including in terms of having continued to invest in its corporate governance processes and structure.While not lawyers ourselves, in our following of the court proceedings, the excitement, which the GetSwift team felt about the company they were in the process of building was palpable. This is common among many entrepreneurs we have worked with in our careers. As investors, we hope that the regulatory matters can be dealt with expeditiously, and the company and its management can re-direct their attention back to growing the business."
https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/charles-frischer-kpt-capital-llc-clutterbuck-capital-management-llc-robert-clutterbuck-issue-joint-letter-to-shareholders-in-support-of-getswift-management
All in my opinion, DYOR
MJ
The ASIC trial was broadcast over teams and open to the public....
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