Fraud, page-15

I know the pain... bcoz me too lost money.... but see below warnings, voluntarily we jumped to the fire. This is a good lesson to us, from each mistakes, lost we learn something…

Warning #1
SYDNEY, 5 September 2019 – Speedcast InternationalLimited (ASX: SDA), the world’s most trusted
provider of remote communication and IT solutions,provides the following update in relation to the
Company’s credit ratings:
· S&P Global has lowered its issuer creditrating to B from B+, and placed its rating on CreditWatch
negative
· Moody’s has lowered its issuer credit rating toB2 from B1, and retained its negative ratings
outlook
These ratings actions were the result of the Company’srecently announced financial results for the
six months ended 30 June 2019 (H1 2019) and boardand management changes.

Warning #2
Sydney, Australia, 5 November 2019 – SpeedcastInternational Limited (ASX: SDA), the world’s
most trusted provider of remote communication andIT solutions, advises that S&P Global has
lowered its issuer credit rating to B- from B, andmaintained the outlook as Negative.

Yes, this is a fraud. I believe some of them internally knew about this and supported for this, but now we can’t change this. This is not the first company went to chapter 11 liquidation not the last one.

At least as former SDA shareholders, now we know what to do if we see this kind of warning in our portfolio shares..