thanks folks for replies to earlier post . following is em ail to ' scam ' section of ASIC
...'following could be described as a 'scam '
company gets federal minister on the board . said minister jumps ship , taking his free options with him ! !
company gets suspended , then consolidates shares , changes name and directors and keeps paying them from our seed money for over three yrs , but refuses to answer queries from shareholders as to progress towards relisting.
ASIC informed , but is also incapable simply answering a straightforward query as to what responsibilities it has to ensure directors respond to reasonable enquiries !
the ' gull' ( read gallah ) award for this surely wd go to ASIC !