For 6 years they have told you and i, we were wrong. The signs were there from the beginning to see, if the happy crowd had forgot about their egos and looked in the right direction.
Massive wages and consulting fees for all 3 companies, against massive hype that went nowhere. Appointments to the board for perks with state decision makers. Moving shareholders money between companies to support wages. And the worst of all, misleading investors continually. Cumulating with the complete farce that was SPI.
No one holding shares over the last 5 years would be in the black, in fact a long, long way from it. Yet even being conservative the top directors would have walked away with 10 million each.
Lifestyle companies are the scourge of the ASX and are the new home for white collar criminals.
For 6 years they have told you and i, we were wrong. The signs...
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