yes, you may be right - but i doubt it - looks to me like you are spreading more of your curveballs (interesting that you only comment on QFX & RMA).
From what i hear, deloittes finished their due diligence in November (so company was ok for Zavos to join board in January), and Cornell funding was in place. Whilst not optimum (very sub par in fact, but the market knew that), certainly far from being a VA case. And Zavos was asserting that he would "take care" of hollywood (arrogance, folly or deception?) - seems to have been deception. I also found out that ASIC did a review in September - with no findings - so, lets give Karantzis that much of a break (even though the business model seems to have been fatally flawed)
As for who he associated with in the past......he has been associated with/on boards etc with the current chairman of QFX, the current chairman of Skywest, an Ex State Premier and one of Melbourne's most prominent retailers
A very seedy, suspicious lot if you ask me...........!
Most of this is on google from public sources if you'd care to look
RMA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
