Well considering VTX used "independent director" Cam Worth to...

Well considering VTX used "independent director" Cam Worth to conduct Due Diligence on NexGen's technology back on 15 July 2015 and then on 17 July 2015 NexGen signed a deal with "Simplisite" (a company controlled by Cam Worth) to provide software design and development services for $52,614 upfront with dev costs of $388,500 (plust $$35,000 contingency) but as at the 2016 Annual report $1,052,337 had been paid with $121,854 outstanding to Simplisite. It looked like NexGen didn't even have a working app..??


Not bad for Mr Worth. Signing a deal for ~$450,000 but getting paid $1,000,000+.

You honestly have more restrictions and visibility getting an idea to market using crowd funding than you do with listing on the ASX.