When someone robs your house, whilst you are sleeping , it is...

When someone robs your house, whilst you are sleeping , it is best if they leave quietly.

It would be interesting to know if they have set up shop elsewhere. Keep an eye out for the names to resurface.
No doubt it will be a more 'hands off' sophisticated operation , and managed from a greater distance .

Blame ASIC, C&SC & ASX for allowing the systematic exploitation to continue for so many years .

One of the very worst of the penny dreadfuls .Lets hope it is gone so no more people can be exploited . But don't forget they are still around.
In future try to buy , companies wit history, established management with track records, with runs on the board. For example , look at Ora Banda Mining OBM ,as it's already a seven banger.They have learned from thir mistakes.
Put it down to experience , as there were constantly 'red flags' over this lot , they had form.
Many saw the establishment of KG & commencement of mining as strong entry signals . Strong promotion was used based on outstanding grades.
For a $1,000 25 shares of BHP are worth $1,000 more than a million of these .The cheaper they are , the more risk they usually carry. But this was a sophisticated sting. And ease in don't hit it hard from the start. Hopefully live to learn, but spec is a tough game which is usually only rarely rewarded.