Ann: Response to ASX Query Letter, page-147

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Takearisk1975

160 Posts.

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28/10/19

17:19

Post #: 41104310
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Originally posted by Yangbong: ↑

There is a lot to unpack here. I will be going over it a few more times over the next day or 2. On my first read through I see nothing that gives me great cause for concern. Any one of the allegations against ISX if taken out of context and in isolation would be a deal breaker for me. I take comfort from a few facts;

As far as I am aware no directors have been selling shares in the few months before suspension- If you knew the "truth" would eventually come out wouldn't you be selling stock at quite good prices recently?

Today's announcement is signed by the chairman, JK, and most importantly EW. EW is well credentialed and would find high level appointments outside of ISX if she chose to leave. She is also a relatively new hire, if she had any suspicions about any responses would she sign it?

As Patrick and others have said, ASIC appears focused on Fintech in general, clearing the decks before ISX explodes in relevance?

The 26 suspicious matter reports is fake news. What other "information" does OM and the media have that is easily discredited?

The line of enquiry so far has focused solely on the past, I can see nothing to suggest anything suspicious or worthy of further investigation from the start of this year, the cash is real, the customers are real, the licenses and processes are real.

Not in the clear yet. But quite happy this is being investigated thoroughly and hopefully the air is made clear for anyone currently holding or considering investing in future.

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ISX has been asked questions by ASX
ISX answered the questions by ASX

In my opinion there is no concerns and i am happy i am a share holder as ISX will head north as soon as this Witch hunt stops!
I do not care what any of these trolls and down rampers think or post as these idiots who really do need to get a life will not get 1 single share of mine unless it is $6 or more!
Keep with it L.T Share holders.....We will be fine!
IMO DYOR.

ISX Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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