BUD 0.00% 0.6¢ buddy technologies ltd

Prosecution by ASIC

  1. 723 Posts.
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    I have again asked ASIC to explain to me why the following Buddy market release of 16th Sept 2020 has not led to the prosecution of David McLauchlan:

    "LIFX achieves 30 day sales record exceeding A$30m"

    "Total contracted purchase orders received over the prior 30 days now exceeds A$30m"

    This strikes me as an outright lie. I have asked ASIC to explain why it isn't. There were never more than $30m of SALES. In my opinion the whole article is misleading, deceptive, incorrect and I await ASICs action.

    This release came 6 days after another one titled "Lifx breaks record for orders of smart lights - A$10.5m". Again not true.
 
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