akq,This is not good if (as reported) ECT was involved"ASIC...

akq,

This is not good if (as reported) ECT was involved


"ASIC alleges the inside information was contained in a letter dated 14 January 2009 in the possession of Mr Elberg which he and a representative of Environmental Clean Technologies Ltd had signed, concerning a proposed capital raising by Environmental Clean Technologies Ltd, via a share placement to Fiori Pty Ltd, of which Mr Elberg is the sole director. The information about the proposed capital raising for Environmental Clean Technologies Ltd was not announced to the market until after Mr Elberg disposed of Vak & Co’s shares in the ESI shares."