This message board is for the shareholders of E-MAG.TECH PTY LTD (formerly E-MERSION MEDIA HOLDINGS PTY LTD ACN: 631 146 177) and E-MERSION MEDIA PTY LTD (ACN: 605 098 539) and E-MERSION MEDIA (AUST) PTY LTD (ACN: 637 337 641 – INSOLVENT).

As the Directors refuse to open disclosure with shareholders regarding the state of our investment and have not held an investor meeting in four years, we have set this up to openly help one another and discuss the business and its leadership and founders John Iliopoulos, Chris Iliopoulos, and Peter Stern.

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John Iliopoulos selling the house he bought last year

Hello everyone, 

I hope everyone had a good start to the year. I am fairly sure that it was posted on here that John bought a $2,680,000 house last February. He’s just listed it for sale for $2,500,000 – $2,750,000.

The auction is Saturday the 24th of February. It looks like the house of cards is beginning to crumble, hopefully some of this money finds its way back into investor’s pockets before the debtors swoop in.

Good luck. 

Amba Robertson, Calmerisabitch and Fraser have reacted to this post.
Amba RobertsonCalmerisabitchFraser

They’ve dropped the price to $2,450,000 to $2,695,000 after just six days on the market.

Must be a desperate sale, probably better than being repossessed.

What’s the address?

Let’s please not publicly post home addresses.