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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Ladies and Gentlement… The new e-Mersion "CEO" Jag Sanger… (and how John and Jag are phoenixing with Attnd Media)
Quote from Guest on October 29, 2023, 11:18 amThis is the “expert CEO” that John put forward to lead e-Mersion Media. This is who is now producing the F1 Race Programme. This is who started Attnd Media, and who is helping John to move the contracts and technology over to that company in exchange for share options in an effort to phoenix the operation after e-Mersion is finally wound up for being insolvent along with Sarah Lenard, who is the former Chief Revenue Officer of The Market Herald mentioned in the article below as having a “close personal relationship” with Jag. The two spent $10,000 of Market Herald’s money when they stayed at Crown Casino together.
F1 already deals with him directly and Attnd Media already post all over their social media that the contract is theres, with no mention of e-Merson at all (Instagram and Instagram and LinkedIn). The transition has begun. Once they move everything over, John will wipe all the debts away and get away with the money he has misspent and stolen, and wipe away all shareholders, essentially taking what we paid for and moving it into Jag’s hands in exchange for shares in the new company.
Have a read of the below, like I said, birds of a feather flock together.
https://www.afr.com/companies/media-and-marketing/the-winning-candidate-is-my-wife-court-docs-allege-market-herald-breaches-20231029-p5efw1
‘The winning candidate is my wife’: Court docs allege Market Herald breaches
The former managing director of The Market Herald has been accused of using company cards to fund luxury holidays and creating a flawed recruitment process to hire his ex-wife who charged thousands of dollars for work that was largely copied and pasted from the internet.
In a statement of claim filed to the Federal Court, Jagdip Singh Sangha, also known as Jag Sanger, is accused of breaching his statutory and fiduciary duties during his four-year tenure at the publicly listed publisher, which operates the HotCopper trading forum.
Court documents allege that Mr Sanger used company cash to buy thousands of dollars worth of luxury accommodation around Western Australia as well as tickets to a New York Yankees baseball game and several televisions worth $17,000.
Excerpts of emails contained in the statement of claim show that in May 2020, Mr Sanger messaged the chairman of The Market Herald, Alec Pismiris, outlining his intention to hire his ex-wife as an education editor for the publication.
“The winning candidate for writing is err,, my wife. She is an education writer. We have looked for others’,” Mr Sanger wrote.
Lawyers for the publisher allege no other candidates had been sought and no job advertisements had been published for the role that ultimately paid Mr Sanger’s wife more than $160,000.
Between July and September 2020, Ms Sanger submitted directly to her husband more than 50 articles, most of which court documents allege were “wholly or substantially comprised of passages copied from school websites, Wikipedia entries or other school directory websites”.
‘Common practice’
However, in a defence filed to the court, Mr Sanger claims he separated from his wife in late 2019 and that it was “common practice” at The Market Herald for people to be hired “based on internal networks or recommendations”.
The statement of claim shows the chairman said he was “comfortable” with the hiring of Mr Sanger’s ex-wife as long as the terms were commensurate with the market rate for the job.
The court documents cast new light on the ongoing feud within the finance publisher that burst into public view last year when Mr Sanger was ousted by mining investor David Argyle.
Mr Argyle and his son Gavin later found themselves embroiled in a federal government Takeovers Panel ruling in March, which found The Market Herald’s major shareholders had inappropriately purchased shares.
In the defence, Mr Sanger denies the allegations and suggests that any of the charges relating to the company credit card were either made in error or as part of client entertainment that was arranged on an ad-hoc basis.
Items charged to the corporate credit card include $10,000 in 2021 for accommodation and other expenses at Crown Casino.
The statement of claim alleges the charges were for “Mr Sanger’s personal use and enjoyment” as well as that of the company’s chief revenue officer, who he was in a “close personal relationship” with.
Mr Sanger’s defence says the 2021 Crown event was for the AFL Grand Final which he attended with other Market Herald guests.
Meanwhile, another Crown Casino charge to the corporate card was for him to attend the Boobalicious Ball, a corporate function sponsored by The Market Herald and attended by Mr Sanger and Gavin Argyle.
The defence added that the articles filed by his wife “were the best performing articles of any kind published by The Market Herald” and averaged over 60,000 organic views compared with the average of 1100 on other Herald articles.
This is the “expert CEO” that John put forward to lead e-Mersion Media. This is who is now producing the F1 Race Programme. This is who started Attnd Media, and who is helping John to move the contracts and technology over to that company in exchange for share options in an effort to phoenix the operation after e-Mersion is finally wound up for being insolvent along with Sarah Lenard, who is the former Chief Revenue Officer of The Market Herald mentioned in the article below as having a “close personal relationship” with Jag. The two spent $10,000 of Market Herald’s money when they stayed at Crown Casino together.
F1 already deals with him directly and Attnd Media already post all over their social media that the contract is theres, with no mention of e-Merson at all (Instagram and Instagram and LinkedIn). The transition has begun. Once they move everything over, John will wipe all the debts away and get away with the money he has misspent and stolen, and wipe away all shareholders, essentially taking what we paid for and moving it into Jag’s hands in exchange for shares in the new company.
Have a read of the below, like I said, birds of a feather flock together.
‘The winning candidate is my wife’: Court docs allege Market Herald breaches
The former managing director of The Market Herald has been accused of using company cards to fund luxury holidays and creating a flawed recruitment process to hire his ex-wife who charged thousands of dollars for work that was largely copied and pasted from the internet.
In a statement of claim filed to the Federal Court, Jagdip Singh Sangha, also known as Jag Sanger, is accused of breaching his statutory and fiduciary duties during his four-year tenure at the publicly listed publisher, which operates the HotCopper trading forum.
Court documents allege that Mr Sanger used company cash to buy thousands of dollars worth of luxury accommodation around Western Australia as well as tickets to a New York Yankees baseball game and several televisions worth $17,000.
Excerpts of emails contained in the statement of claim show that in May 2020, Mr Sanger messaged the chairman of The Market Herald, Alec Pismiris, outlining his intention to hire his ex-wife as an education editor for the publication.
“The winning candidate for writing is err,, my wife. She is an education writer. We have looked for others’,” Mr Sanger wrote.
Lawyers for the publisher allege no other candidates had been sought and no job advertisements had been published for the role that ultimately paid Mr Sanger’s wife more than $160,000.
Between July and September 2020, Ms Sanger submitted directly to her husband more than 50 articles, most of which court documents allege were “wholly or substantially comprised of passages copied from school websites, Wikipedia entries or other school directory websites”.
‘Common practice’
However, in a defence filed to the court, Mr Sanger claims he separated from his wife in late 2019 and that it was “common practice” at The Market Herald for people to be hired “based on internal networks or recommendations”.
The statement of claim shows the chairman said he was “comfortable” with the hiring of Mr Sanger’s ex-wife as long as the terms were commensurate with the market rate for the job.
The court documents cast new light on the ongoing feud within the finance publisher that burst into public view last year when Mr Sanger was ousted by mining investor David Argyle.
Mr Argyle and his son Gavin later found themselves embroiled in a federal government Takeovers Panel ruling in March, which found The Market Herald’s major shareholders had inappropriately purchased shares.
In the defence, Mr Sanger denies the allegations and suggests that any of the charges relating to the company credit card were either made in error or as part of client entertainment that was arranged on an ad-hoc basis.
Items charged to the corporate credit card include $10,000 in 2021 for accommodation and other expenses at Crown Casino.
The statement of claim alleges the charges were for “Mr Sanger’s personal use and enjoyment” as well as that of the company’s chief revenue officer, who he was in a “close personal relationship” with.
Mr Sanger’s defence says the 2021 Crown event was for the AFL Grand Final which he attended with other Market Herald guests.
Meanwhile, another Crown Casino charge to the corporate card was for him to attend the Boobalicious Ball, a corporate function sponsored by The Market Herald and attended by Mr Sanger and Gavin Argyle.
The defence added that the articles filed by his wife “were the best performing articles of any kind published by The Market Herald” and averaged over 60,000 organic views compared with the average of 1100 on other Herald articles.
Quote from parmenides on October 29, 2023, 11:27 pmYou’re right, there is no mention of e-Mersion Media on their website at all, even though they use screenshots of the e-Mersion platform which we shareholders paid for and own.
https://www.attndmedia.com.au/
https://www.attndmedia.com.au/news
Even here in the copyright footer they’ve removed all mention of e-Mersion Media. So they’re already re-writing history: https://www.f1raceprogramme.com/
You’re right, there is no mention of e-Mersion Media on their website at all, even though they use screenshots of the e-Mersion platform which we shareholders paid for and own.
https://www.attndmedia.com.au/
https://www.attndmedia.com.au/news
Even here in the copyright footer they’ve removed all mention of e-Mersion Media. So they’re already re-writing history: https://www.f1raceprogramme.com/
Quote from greengrass on October 30, 2023, 12:45 am“Penalties include large fines and up to 15 years’ imprisonment for company directors and secretaries.”
Straight from the ASIC site. They’re not very bright are they?
“Penalties include large fines and up to 15 years’ imprisonment for company directors and secretaries.”
Straight from the ASIC site. They’re not very bright are they?
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