right there with you mate.
there was never a market for this cr@p
and they resulted in becoming glorified hardware resellers, and providing some contract consulting services as a go between, meaning tend never cover their costs.
that the ASX has deemed them a no longer concern essentially. Well we saw it coming.
it was a pure lifestyle company for the CEO and his mates, and free money for the brokers that suckered people in.
the 42% pa rate just shows how much of a risk the loaner sees behind it, be interesting to see if it's secured by any inventory.
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