HI Anieyou know thats bullshit. Almost a year and still dont...

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Sam2019

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14/08/20

23:26

Post #: 46558418
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Originally posted by aniesbaswedan: ↑

To expand on what @jkim78 have said. In my view:

Two interlinked issues:

1. Performance shares release.

2. The revenue that led to the performance shares release.

Now, if the revenue was legitimate then the performance shares would also be legitimate. Therefore ISX would be allowed to resume trading.

Conversely, if the revenue was deceitful then the performance shares would not be legitimate. Therefore ISX would not be allowed to resume trading. The revelation would also have further ramification in that if that revenue was deceitful then what else is deceitful? What if everything has been deceitful just like in the case with Wirecard?

Now let us have a look at the situation and try to figure which of the two outcomes is more likely.

Let's see, based what I understood after having read the SOR:

Most of the payments were made by unknown entities.

Some of the unknown entities are shared between supposedly different customers.

Some customers and unknown entities have links to Rodeler, Hoch Capital, etc.

Piecemeal payments.

Amounts of payments did not match.

Some unsigned contracts.

Hard to verify products.

Some customers were flagged by ASIC and some have been operating without proper licences.

No remittance advices.

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HI Anie

you know thats bullshit. Almost a year and still dont know what the f... they are looking for.

Why do you think IE report did not contain anything what you said.. or what ASX wanted in regards to one and all of the contracts.

The IE was picked based on ASX's choice of law firm, Then ASX comes back and challenges the IE report.

you people must really be kidding.

if you guys have got the balls b the hand and then show us the balls.

Don't have to make believe...

Regards
Sam

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
23 Upvote

4 Great analysis

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HI Anieyou know thats bullshit. Almost a year and still dont...

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