Some other motive, RMIT appear to be completely incompetent,...

Some other motive, RMIT appear to be completely incompetent, cant even list, they applied for asx listing 12 months ago and were set to list in December 2012.

RMIT is getting a stench about it so why RNC is still playing along with them has me baffled.

Cant see any reason why they wouldn't just get RMIT to convert at 40c, something is obviously happening behind the scenes and RNC must think its worthwhile to be strung along for so long.

I have had funds tied up in RMIT aswell as Heritage and am getting concerned about how these guys run their business from the dealings I have had with them.

They just appear to open up new company after company and shuffle the funds around, I'm guessing they are suckering in new investors whilst lining their own pockets.

I can only hope I am wrong and they have just been unlucky and poor with their disclosure, I am getting close to seeking legal advice and ASIC involved if I don't start getting some more transparency from the RMIT group.