mr caveat emptor, page-9

A West Bro,

You ask:
"Who chose KM , and why?
"Why wasn't the shareholders, who bought convertable notes asked 'fairly' again?"

These supposedly Fast financeiers should be referred to as 'In-House Finance' for this reason...they are preferred due to personal and professional relationships, and simply give that money profit you speak of to mates therefore.
And you're not one of 'em, so to speak. No offense intended.

It's an ASX permitted smack-in-the-face and you are merely a cog for their wheel. You will never make money out of a company involved in fast finance as it is potentially (and often) a company that is in cahoots with a financier, as a tool to make that financier money. And all the ASX company needs to do to not be deemed criminal is satisfy disclosure laws and put the 'shareholders best interest endeavours'in writing. And if they fail to deliver those interests they say (ASIC and ASX):
"Well, tough titties, you should have done your home-work but the company has not done anything wrong".

So tying in fraudulence is the only way to get them for doing the wrong thing by shareholders, and this is why Managements and Directors/Chairmen always take out indemnity cover so they don't pay a cent if sued when a shareholder tries to take them on. So if a shareholder is going to try to do this, they need to get it right first time, with all the dirt they can muster.


That's a general analysis of what i think is on your mind and i am speaking from current and past experience.
;-)