I'm actually starting to think that IF, and that is a BIG IF -...

I'm actually starting to think that IF, and that is a BIG IF - this thing is real and goes live, the uptake may actually surprise people.

The key is however whether the ASX are happy to allow EM1 to continue with its listing under the current business model and allow exposure to Australian shareholders.

If it can be satisfied that there is nothing nefarious in nature occurring with EM1's involvement then fair bump play on and see what happens.
Unfortunately, there has already been substantial loss in confidence here which will make many investors extremely sceptical and very wary.