Yep bingo, and then what happens when the share price is hovering under 1 cent and under for a year or so, with huge amount of shares on issue, that each price there are millions of shares and nothing being bought or sold, the management will do a consolidation, and name change, and do the whole thing again with another batch of investors, thats how these companies get away with it for years. Its amazing how often the same story plays out on ASX, big winners are management, shareholders are the losers.
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