Verbatim from announcement 22 July 2011Intermoco CEO Mr Ian...

Verbatim from announcement 22 July 2011

Intermoco CEO Mr Ian Kiddle said " This is a great step forward for Intermoco, because it demonstrates the strength of our intermoco Connect model in both a retail environment but also in a brown field (already operating) site. In addition the site is in Sydney, potentially the largest market for Intermoco. WE ARE CURRENTLY WORKING ON FINALIZING ANOTHER SEVEN NEW CONTRACTS AND I EXPECT TO HAVE THOSE FINALIZED IN THE NEXT FOUR TO EIGHT WEEKS.

Eight weeks ended on the 16th September (last Friday)

Intermoco have not finalized one (1) of those seven contracts in the expected time frame. NOT ONE

I ask would a reasonable person believe anything this company reports on in the future.

There are many more examples of not delivering on claims made in ASX announcements. Let the historical facts be the judge