Saturday 26 June 2010

ALLIED BRANDS BLOG ACCURATE ON ABQ COLLAPSE NINE MONTHS AGO!

WE WARNED ON 2 MARCH 2010 THAT ALLIED BRANDS WAS BLEEDING CASH ON OVER-MANAGEMENT SIGNED OFF BY CHAIRMAN LACHLAN MCINTOSH


WE WARNED ON 17 FEBRUARY 2010 THAT THE COMPANY WAS CARRYING HUGE NUMBERS OF LOSS-MAKING SHOPS with so far only the loss-making Kenny's Cardiology shops being closed


In fact, EVERYTHING written here has proven to be true, thanks to insiders reporting the REAL TRUTH about Allied Brands Ltd.

Why hasn't ASX and ASIC required ABQ to adhere to "Continuous Disclosure" laws, and adhere to basic standards of TRUTH TELLING to share holders?

We now know why 9 week director Jury Wowk left - as reported "ABQ has quite a fucking mess here".

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