To be honest, there really is no point in discussions in this thread as whatever resolutions are proposed will get passed whether we like it or not.
Look at the top 20...
View attachment 1351731
1 = Alvin Phua
2 = Raphael Than
4 = Alvin & Ethal's son (in law - I believe)
11 = Ethal & Son In law SMSF account.
12 = Alvin's side business/company
15 = Yano & Susanty SMSF
17 = Yano's side business / company
That's;
1,105,016,150
Just held by the company directors + Family that I know about. I'm sure some of the other names on that list are friends etc.
The AGM is just a complete farce, why bother holding it (except complying with ASX requirements). We have no voice, the directors show shareholders absolute contempt... let's be honest.
"Australia' s First ASX Listex crypto exchange"… yet we've heard nothing since... actually I can't remember, or be bothered to go and check.
If BPG ever return to trading, and should there be any buyers, then it'll be a race amongst us lot and management to sell... and they will have the upper hand knowing when they can remove suspension.
@ContrarianTiger , I sincerely appreciate your comments and view, I too thought along those lines that its good that management have a vested interest in the success of their company, a while back... but I now believe its probably more like a way to beef up their financial position... on paper only.
Phua with 600m shares × 0.009c shows the bank/ Taxman whomever required, that he has $5,4m to his name. That IMO is what is keeping himself from being declared bankrupt.
All IMO, DYOR etc.
MSN