Sept 24 (Reuters) - iSignthis Ltd ISX.AX :
* COMPANY HAS BEEN WORKING PROACTIVELY WITH ASIC
* CONTINUES TO HOLD THESE CLIENT FUNDS, AWAITING FURTHER INSTRUCTIONS FROM ASIC VIA COURT, OR UNTIL COURT ORDERS ARE LIFTED
* ISIGNTHIS SAYS MERCHANTS NO LONGER ACTIVE CUSTOMERS OF CO, PROCESSING OF TRANSACTIONS AND REVENUE GENERATION CEASED OVER YEAR AGO IN MARCH 2018.
* COURT ACTION BY ASIC AND FREEZING OF FUNDS HAS NOT IMPACTED COMPANY'S P&L IN ANY WAY
* DISCLOSED MATTER OF CLIENT FUNDS OF 2 AUSTRALIAN FINANCIAL SERVICES LICENSED MERCHANTS MOVED FROM 'ON BALANCE SHEET' TO 'OFF BALANCE SHEET'
* RESTATES FUNDS HELD ON BEHALF OF MERCHANTS