Here we are another full month after being promised, yet again, " Currently the Company has the following financial lodgements outstanding and has commenced a work program with its auditors to bring these up to date as soon as possible ".
My suggestion is and I will do so later this week, it is to lodge yet another complaint with ASIC but with stronger wording, e.g.
- 30 months behind with reporting functions
- In 7 months have only delivered one set of accounts (Jan.2018), therefore statement of last October 2017 " has commenced a work program with its auditors to bring these up to date as soon as possible " is not false, but grossly misleading as as can be interpreted the statement of April 27 2018 as nothing since either.
- Directors are drawing hundreds of thousands of dollars in salary and wages, whilst being totally unaccountable to shareholders.
- Directors of ORH have failed to comply with the obligations of their office, prior to, and after complaints to ASIC
- ORH is a prime example of the Regulatory System (ASIC) failing to protect investors
