I agree about the hopeless position of shareholders.
So as plaintiff, the one-time Secretary of the company has now turned on his own. Unpaid salary perhaps? If that's the answer then there must be nothing in the AXIS kitty, so nothing for MED who effectively gave $15 million to AXIS. There may be no satisfaction with return of money, but I have a strong feeling that if ASIC pursues this there may be satisfaction of another sort.
MED Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
