the AFR Weekend has just publish an investigation into IQ Group Global and Ethical Biosciences under the byline
Race cars, yachts and a pricey biotech investment
EBI being a 50% JV Between IQX and IQG.
It seems these journo's are not only sceptical about this business proposition, they investigate George's clinical credentials and found out that he has been "inflating" his qualifications and call into question how a company that has done nothing but lose money can afford to throw sponsorship cash at racing cars and yachts.
Sometimes its newspaper articles like this that causes a house of cards to collapse. Will IQX suffer from any subsequent investigation by market operators or regulators?
IQX Price at posting:
14.0¢ Sentiment: Sell Disclosure: Not Held