Heman.
All you need is a half baked project on the other side of the world. A vendor who gets a shite load of shares and off loads into the hype. "Financiers and SI's" who will do the same thing.
A tip sheet. In this case. Patersons. (Greg Bandy) to give the "buy" recommendations to pump the promises and tell tails of golden treasure and your forum shepherds to bring the sheep in for a good fleecing. (You probably see them now)
You do not have to produce a thing. In the coming days, weeks, months............
The trouble now is that the deal maker has had his assets frozen. That not only CCC. ASIC are looking at CTR and BMZ.
So you can imagine the "sweating" some of the above group are doing now as ASIC go through the books.
No shares first money later as in CTR. No transferring money from one company to another and trying to replace it before the auditors see it. As seen in CCC and CTR.
Nope! The business model is now broken.
Has not stopping Brewer from trying to list another company through BMZ.
But ASIC has stepped in and they now have to produce a full prospectus. Which means everyone involved get named!! This is what a new company has to do when first listing on the ASX and is why Okap back door list projects through run down ones. As this only needs a reduced disclosure prospectus.
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
