I’ve just got home (on the other side of the world) to see I’ve...

I’ve just got home (on the other side of the world) to see I’ve clearly upset a few people. Dante please watch you language or you’ll be sued for defamation of character or worse. I’m sorry if my post was confusing, but purple eagle has hit the nail right on the head. It was an extra fee they paid to have their salaries cleared and above board etc. All going concerns are standard in any audit reports.

No auditor or chartered accountant would ever lie or falsify reports. If they did they would find themselves with no practising licence and a lifetime ban from working in financial services. For you to say how corrupt the audit world is worries me greatly (maybe you used a so called accountant who wronged you before checking if they were registered with the institute etc)

Mate believe me when I say ASIC is all over accountants these days. One thing I can tell you is if this takes off and they have serious money come in to build sconi and back them they will be changing accountants to one of the big 4 whether they like it or not, that will be part of the deal believe me.

One thing no one can argue is that the board are definitely getting paid well regardless with no skin in the game.

Once again sorry if my post was confusing, hope I cleared it up a bit. GLA