NET is one of the worst conceivable companies I have ever run into. There are a few companies that I was inclined to pursue in the mining sector but NET is far worse so I focused on NET. The problem is that all the funds have probably vanished into offshore accounts for administration charges and given the lack of clarity who knows who the end recipients were. I think you can all guess who the end recipients were. The only thing that can satisfy anyone is that the majority shareholders (the uprampers) have been left holding worthless shares.
A background check would have convinced people to stay clear of NET. However, a deep dive is difficult. The people upramping have colourful pasts and colorful connections.
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