intermoco is the real deal, page-4

Hi oorain

Currently this new management are burning 269K a quarter. Cash at hand 1.118 million. On current numbers this new crew have just over a year before the cash runs out. Then what....................................

I don't blame these new directors for seeing an opportunity for themselves. That's life. It's a dog eat dog world. When a business model has been a comprehensive failure and ASIC allow new directors to come along with a view of re-launching the embedded networks model surely this is an indictment on ASIC.

Australia may well be a land of opportunity but surely a line must be drawn somewhere.

Intermoco's previous history was truly toxic. The business model, the management..........it was all legendary stuff for all the wrong reasons.

Millions of shareholders money all gone.