BIG .. ASIC investigation, page-44

For anyone interested in the sort of response ASIC gives, LWP Technologies is also suspended and under ASIC investigation.  The ASIC investigation came about due to shareholders meeting with MP Steve Irons who then wrote to ASIC, shareholder complaints were ignored for 2 years.  ASIC told Steve that they could provide no update due to privacy concerns.  Steve raised this again at the recent ASIC oversight meeting which Steve chairs.  Links to the audio recording are in the thread below:

https://hotcopper.com.au/threads/update-on-asic-investigations.4367468/?post_id=35020133

This is just to highlight how useless ASIC are and the lengths people have to go to just to get ASIC to do their job. If Steve Irons can’t get an answer out of ASIC, what hope does anyone else have.