just topped up, page-8

  1. 291 Posts.
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    Ok, sorry if I was taking you to task over something you have no control, I somehow feel that the current management have been so incompetent that it leaves me frustrated. I also get teh impression they are not being open and are hiding things, it seems that the CEO and CFO could not possibly have not known the state of the business when the AGM was held but consistently blurred the facts. They have taken lots of shares and left the main investor group hi and dry with an arrogant so what attitude. Everyone fails I truely understand that but this team seem unable to either tell us the facts or be straight forward about things its all a magician show. They make had deluded themselves so much they are unable to see the way forward so should be removed.

    i also feel the way they avoid any accountability for things like a committed revenue of 15M last December which bumped the SP by just ignoring the outcome must have some redress through the ASX.

    The product clearly has issues no one is telling us about otherwise it would be selling and its not, none of the overseas entities seem to be making any contribution except China, and this is also worrying as I am pretty sure no Western Company will take on scale a product developed in China. I heard all teh stuff about 2 versions but both were built in China, the only way round that is to get one of the Government agencies either here or overseas to certify it as a product safe for use and that has not happened as far as I can make out. All we get is its ok, which in this market its not, no telecommunications company or major business will take that risk while they have options from other mainstream we funded providers.

    One of the other posters pointed out they are running this out of a house in Sydney, who owns the house, is this a realvesate that the company owns or what, its very odd, you dont normally rent a house, again not transparency, Ive asked a few people I know in Sydney to find oily who owns teh property, what the rent is and if its in a third party whether its got a realationshiop to the NEtlinkz management, this is all really odd, the Board should be reviewing expenses.

    Corporate Governance seems lacking, this new person Guy should be taken to task as well
 
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