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18/03/25
08:36
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Originally posted by Nankas:
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I completely agree that NET was a disaster for shareholders, and it’s clear that their entire business model was based on continuous capital raises with no real intention of delivering returns. Like many others here, I lost a significant amount of money—money that was essentially funneled into a black hole of mismanagement and broken promises.At this point, the question isn’t just about financial loss but accountability. Where did the funds actually go? Were there any conflicts of interest or misleading statements made to shareholders? If so, those responsible should face repercussions.A class action or ASIC intervention is the logical next step. If there is a coordinated effort to compile evidence and push for an investigation, count me in. This company and its leadership should not be allowed to walk away unscathed while investors are left with nothing.
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You know Nankas - I do not think people that wreck companies with waste and stupid promises have any principals to start with.