These directors seem to be panicking now, and scrambling for some defense.
They potentially don't want anyone to look at the FFX books, maybe because it could result in criminal charges or further investigations.
ASIC will do nothing, unless FACT is laid out right in front of them, because they are lazy bureaucrats. Most public servants just want to get to Friday, and to the pub.
I'm sure the MD is leaving after the directors consulted with the company lawyers (at the shareholders expense).
Is this fair?Are they using your own
hard-worked-for money to strategically acquire legal-advice to use AGAINST YOU?
What gives them the right to take your money and spend it on whatever they like, principally themselves.
This possibly indicates that NOT EVEN the Company's Lawyers are working for the Shareholders now.
So what is the point of having a company, or of having an established company law in a country, when it can be corrupted to such a degree that makes it useless?
So in reality, is there any difference between a "Russian Oligarch", and an "ASX Company Director" ???
This situation makes a COMPLETE mockery of all company law, and let's not even talk about human honesty and decency.
I know this may be costly, but I think it's time for the Shareholder Action Group (SAG) to contact Lyonswood, and get them to investigate the history and background of these directors, even if what they find cannot be legally reported.
Characters with these types of psychopathic personalities, often have nefarious backgrounds.
It's time for the Shareholder Action Group (SAG) to seriously investigate.
Lyonswood - Investigations and Forensics
https://www.investigators.net.au/WHY IS THERE NO HONESTY AND HUMAN DECENCY LEFT IN THE WORLD ???
Gw
