It was a super ambitious plan to list SIS on ASX a few years back (although the new mantra for success is to do something 5 years ahead you would do in an old fashion way).
It is like listing Apple when Steve just assembled his first Mac in the college. ASX is to blame for allowing all these companies to be listed but due to lack of regulations they are only worried about making profit for themselves.Definitely many investors/flippers burnt themselves with SIS over years.
I guess, now they got to the point to do or die (international competitors are emerging because the sector is very hot for a good reason).
They have "solid" backers or speculators behind though. And sure, there are some games going on behind the curtains we do not know and I am not happy about the lack of transparency . But they have no choice if they want to keep the ship afloat.
In the next 2 years,I think either they fail or succeed. But if they succeed it will be a 10 or 50x bagger. There are chances for both. My advice at this stage is to put only money in SIS you can loose overnight without a headache or nightmare. I really hope they will succeed and we will all laugh about these days.
I would appreciate though better communication and transparency from SIS towards shareholders. The webinar was a good first step...
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