I do not normally read the auditors report but that was the first thing I looked at when reading this report. They can not even convince their own friendly auditors that those transaction were above board. Nearly $30M of our hard earned money can not be explained, just gone, like some sort of magic trick!
Come on ASIC what more evidence do you need to to issue a "please explain" followed by a "what colour cell would you like and are you ok for soap?"
These CVI pigs stole money from all of us using the legitimate cover afforded them by ASIC & ASX. We all believed their announcements as none of us could ever imagine such a blatant scam operating under the assumed watchful eye of ASIC.
And they say "only in America". For shame ASIC & ASX for letting these scammers operate on our shores for so long.
This company has now been operating like this for close to a year now with many direct complaints to regulatory bodies and still they continue to operate without restraint.
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