Explanation, page-209

There's a lot of interesting people associated with IOT.

Everyone should do some research of their own and see if any red flags arise...

Check out the 2 top holders in the most recent Top 20 for an example;

Fontelina Pty Ltd, 23Mil shares, 4.35% - Controlled by Richard Poole and Amanda Poole.
Richard Poole - http://www.theaustralian.com.au/news/phillips-pair-take-chairs/story-e6frg6n6-1111118735860 and http://www.smh.com.au/nsw/magnificent-sevens-moneymaking-machine-20121207-2b11c.html
Amanda Poole - http://www.smh.com.au/nsw/fancy-that-6m-pay-but-no-job-20121212-2ba2e.html

IOT Ventures, 23Mil Shares, 4.35% - Controlled by Phoebe Neylon, Sean Neylon's wife (Sean is head of strategic business at IOT)
Sean Neylon was involved with Signature Brands with Ian Duffell and the purchase of Pulp Juice - http://www.smh.com.au/articles/2004/01/20/1074360764369.html
Phoebe Neylon - https://www.legislation.gov.au/Details/C2016G00654/cea4a844-abee-41c8-9611-9dc9bcae3b3c
Sean Neylon - https://www.legislation.gov.au/Details/C2016G00653/764d640c-bbdf-4871-b822-dfc5584eef36

Both IOT Ventures and Fontelina have the same registered address at "Arthur Phillip Pty Ltd" which is Richard Poole's own boutique investment firm.

Make of this what you will I guess.

They all seem to be pretty good at making money... for themselves...