They do have a product mate.....MTN Arena is an example of that product in use. It works and brings revenue, albeit minor.
The issue has nothing to do with the ASX or EM1 as a business....it has to do with EM1’s stupidity in becoming involved with a dodgy company like CROWD1.
Sorry, don’t believe you or anyone else on here did appropriate research if you’re now sitting there complaining. A quick google search of CROWD1 shows they are both on the naughty/banned list in many countries. Multiple news sources state they are a ponzu/pyramid scheme. Red flags everywhere.
If you bought EM1 without due diligence on their partner then you are to blame, no one else. This’ll be a lesson for you to research before buying.....a harsh lesson depending on how much you put in.
You’re looking minimum 3 month suspension and a return to the pre-Crowd1 share price (less a little more for reputation damage for being involved with them).......2c-3c range is my thought.....no reason for it to be any higher than that as that’s where it was pre all this.
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They do have a product mate.....MTN Arena is an example of that...
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