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2.5¢ phoslock environmental technologies limited

Was anything ever true at Phoslock, page-79

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10/08/23

10:40

Post #: 69263874
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Originally posted by Rome19: ↑

I've been so sickened by the falsehoods generated around the company that it has been hard for me to even think about it. There is a kind of dissonance performed by directors, executive and non-executive, as if there isn't something screamingly wrong that has gone on here. Hearing news of further outrageous KPMG misdemeanors (auditors for PET financial reports when I made my investments), I wonder when the time will come to take action. I suppose if you are going against Arnold Block Leibler which the company seems to have engaged at times, with money provided by the likes of myself through capital raisings under the guise of business expansion, one needs to be on a very strong footing,
So if ASIC and the Federal police have not finished , does that simply give more time for squirrelling away money ? Or for ex-directors to die of old age ? Or for KPMG to cease to exist as an entity.

Is anyone familiar with the outcomes of wrongs against shareholders ?

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ASIC investigations need to be completed before investors can take action for damages. It will happen.

PET Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
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