That would mean that your comments about KNL do not relate to 333D/OZB.
You care more than you show. Hence the inaccurate diagram.
While you and I only speak for ourselves, there one thing I can tell you about shareholders.
They don't like people up ramping, They like to read honest information. They don't like being deceived.
Because of the letter sent to all KNL shareholders Re the share offer of 333d, this information should not be covered up by people looking at protecting their own interests at the expense of others.
Shareholders deserve the truth!
While you may not care if the founder of this company (3dg/3di) was ripped off as you have indicated, we all should care about the rules and regulations that keep people honest.
It is important that people know what happened. This is all based on ASIC docs and solid info that is already been made public.
Sources; ASIC, Mackay Goodwin (Administrators of 3dg/3di) & ART3D facebook page..
333d was created as the proponent of a deed of company arrangement to 3d group/3d industries, while under voluntary administration.
While under administration, all shares were transferred to all of the shareholders with the exception of Jason Simpson (director, founder, designer and had 32 years engineering exp).
Jason was the person that was the founding CEO of ART3D, the company that 3dg/3di was based on.
3dg/3di were originally going to do a reverse listing of OZB in october 2014.
But the CEO and MD claimed they had money trouble. The only suggestion the CEO & MD had to get the company going again was for Jason Simpson to sell his shares.
No one else was going to sell shares
but they insisted that Jason should sell his for $200,000.00.
The company has been under an investigation by ASIC for the claims that Jason has.
Now these claims have very solid evidence to suggest that this company by definition of ASIC is a pheonix scheme. I don't say that lightly either.
I say that due to the information we have access too and by ASIC's definition of a pheonix scheme.
http://asic.gov.au/for-business/you...ness/small-business-illegal-phoenix-activity/
Illegal phoenix activity involves the intentional transfer of assets from an indebted company to a new company to avoid paying creditors, tax or employee entitlements.
There is a rejection letter on the ART3D facebook page from the admin to Jason that states quite clearly that this occurred.
