Hi joewolf
I think your assessment is pretty much right. ASIC told me when I lodged my complaint that they would have a decision in 28 days as to whether they would proceed any further than their usual standard in regard to minnow companies like Intermoco.
Next week I will be ringing ASIC for an update. They better tell me they have investigated or I will be letting off some steam.
intermoco rescue package..., page-66
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