E-Mersion Media Statutory report to Creditors
Quote from parmenides on August 16, 2024, 4:47 amAttached to this thread is the Statutory report to Creditors compiled by CJG Advisors.
It’s important that all shareholders are familiar with this as we continue to unravel where our money went.
Officially for the $15million that was raised from shareholders, the company only made $84,274. Certainly not what we were promised in investment presentations.
Attached to this thread is the Statutory report to Creditors compiled by CJG Advisors.
It’s important that all shareholders are familiar with this as we continue to unravel where our money went.
Officially for the $15million that was raised from shareholders, the company only made $84,274. Certainly not what we were promised in investment presentations.
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Quote from Spartan on August 16, 2024, 4:56 amMedallion Club is a creditor? So they were using company money for their personal entertainment and lifestyle? The Qatar trip wasn’t enough?
Medallion Club is a creditor? So they were using company money for their personal entertainment and lifestyle? The Qatar trip wasn’t enough?
Quote from Foresti on August 16, 2024, 11:10 amQuote from Spartan on August 16, 2024, 4:56 amMedallion Club is a creditor? So they were using company money for their personal entertainment and lifestyle? The Qatar trip wasn’t enough?
Disgusting behaviour.
Quote from Spartan on August 16, 2024, 4:56 amMedallion Club is a creditor? So they were using company money for their personal entertainment and lifestyle? The Qatar trip wasn’t enough?
Disgusting behaviour.
Quote from Foresti on August 16, 2024, 11:15 amSo if I am reading this correctly, they’re trying to say that E-Mersion UK is the parent company and shift the financial responsibility there. Obviously a desired outcome for John as that debt will then effectively disappear for them because I doubt the UK government will chase him here.
But that is a total lie, how can the UK company be the parent company if we all invested in E-MERSION MEDIA PTY LTD (ACN: 605 098 539)? That is where our money went not some UK shell company.
So if I am reading this correctly, they’re trying to say that E-Mersion UK is the parent company and shift the financial responsibility there. Obviously a desired outcome for John as that debt will then effectively disappear for them because I doubt the UK government will chase him here.
But that is a total lie, how can the UK company be the parent company if we all invested in E-MERSION MEDIA PTY LTD (ACN: 605 098 539)? That is where our money went not some UK shell company.