ME1 20.0% 0.3¢ melodiol global health limited

Wow, It looks like the scam is persisting, despite ongoing ASX...

  1. 283 Posts.
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    Wow, It looks like the scam is persisting, despite ongoing ASX inquiries....

    https://hotcopper.com.au/data/attachments/6025/6025404-19947ce28a8700186a5fbaf8c61b6db1.jpg
    https://hotcopper.com.au/data/attachments/6025/6025408-1b96bc91169e994b8bc1836033b148d7.jpg
    Whats their plan in this situation?

    https://hotcopper.com.au/data/attachments/6025/6025412-3de078967bcbb2efa704289754e394f0.jpg
    https://hotcopper.com.au/data/attachments/6025/6025416-12a2eff52bdaa488b27b9354ac82aa61.jpg
    More pain for poor shareholders...

    I've noticed a trend where shares are issued at discounted prices during debt-to-equity conversions for liable parties. Then they dump these shares on the market to recover their funds,leading to a massive decline in the stock price...

    As a result, those waiting to buy and share holders end up covering the debts and facing losses...

    So I guess this scam will continue as long as there are buyers available...

 
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