One of the weakest responses I have ever read.
"Johan is TIM's CEO and well respected entrepreneur" EM1 management claim.
Lets see his past ventures documented by Wikipedia:
Icon Media Lab CEO
- In 2001 its shares plunged more than 98% from their early 2000 peak and it axed around 500 jobs. In December 2001 shares of the debt-ridden company were suspended from the Stockholm stock exchange.
Letsbuyit.com Chairman and Founder
- After deferring bankruptcy through 2001, on 4 March 2002 it declared bankruptcy. Its staff had been reduced from 450 to 25.
Icube Founder
- IQube was wound-up in 2009
MyCube Founder and CEO
- MyCube raised over US$8 million in funds in May 2011, then in August 2012 filed for voluntary liquidation
https://en.wikipedia.org/wiki/Johan_Staël_von_Holstein
Good to know Emerge Gaming also conduct due diligence via web searches.
"of the 7.5M pre-registrations approximately 41% are verified Crowd1 members and the remaining 59% are member invited friends, family.." Says it all just like the BBC documentary.
No wonder this company is still in suspension. Wish all holders much needed luck.
Ann: Response to ASX Queries, page-14
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