You should know this ... FUL of

http://asic.gov.au/about-asic/media...000-fine-for-failure-to-lodge-annual-reports/

A Victorian public company has been fined $15,000 by the Melbourne Magistrates Court for failing to lodge its annual financial reports with ASIC and not reporting to its members.
An ASIC investigation found that between 1 November 2008 and 18 November 2010 Fulcrum Equity Limited [ASX : FUL] failed to hold an annual general meeting, and its company director and secretary, Michael Boyd, failed in his obligations to lodge the company's financial report, directors' report, auditor's report or a concise report for the financial year in breach of ss 314 and 319 of the Corporations Act 2001.
Mr Boyd pleaded guilty to the offences but had no conviction recorded against him.

http://www.brw.com.au/p/lists/rich/michael_boyd_AuhhuDQwCdnEfzhMRONW4L
MICHAEL BOYD
$385 million
LAST YEAR: $396 MILLION
SERVICES (HEALTHCARE),
INVESTMENT MELBOURNE
47. MARRIED, FIVE CHILDREN
Michael Boyd is the founder of medical diagnostics company Sonic Healthcare. The Perth-born entrepreneur’s private investment house, Jardvan, owns investments in Sonic as well as solar panel producer Silex Systems. Boyd founded Sonic in the early 1990s. Jardvan sold stakes in Sonic and Silex this year; 1 million shares in Sonic and 1.87 million shares in Silex. The share price of both companies has declined over the past 12 months, resulting in Boyd’s lower valuation this year. He remains the biggest shareholder of Silex at 17.5 per cent. In 2008, Fulcrum, a company in which Boyd had a big stake, went into liquidation following the collapse of one of its main investments, Advanced Healthcare Group.