IMO, given I have been somehow tossed into this salad of...

IMO, given I have been somehow tossed into this salad of despair, all investors need to understand the complexity of contract law and whether the contract can be enforceable. Quite obviously it wasn't as their was no breach of contract and compensation was never sought. The terms of the contract, once read and analysed by the company Attorney( if their was one), may imply the contract would have to be definite. This was obviously not the case and their are question marks on whether either party had the capacity to contract.

This is why the ASX or ASIC don't care - this happens all the time in all sectors where contracts brerak, are never enforceable, ending up with prelonged court battels (if meeded) and investors, usually laymen or the starry eyed greedy, feeling duped and hard done by at the end of the business cycle. it is commonplace in the spec field on the ASX for particularly o/seas contracts to have not reached any agreement due to not being within recip. jurisidictions.

A spec is a spec - this was 3 years ago. Plenty of examples - many dozens that I have come across.

Time for all of you to get over it....even your buiggest foes has been banned and caught multinicking while other posters have now suspended gaol sentences due to other circumstances.

Dont get angry, get wealthy.