Since Andrew Little is dead keen on embarrassment perhaps he would like to¬†answer¬†some questions about his time as the boss at the EPMU. The matter of properly filing accounts is simple, rather like making¬†yourself¬†available for process servers.
The Owl writes:
The Owl has been asking that the audited 2006 Annual Accounts to be filed as only excel spreadsheets¬†are filed.
The reason for the on-going request is because there is a variation that in my opinion does not make¬†sense.
The filed 2006 excel spreadsheets shows a $1.28M loss and an equity position of $18.045M.
The filed 2007 audited accounts filed shows a comparative 2006 position (9 months) of $2.2M loss and¬†an equity position of $10.338M.
The Owl’s observation:
What is the correct loss for 2006 $1.28M or $2.2M Loss? (that is an approximate $1M variation).
Filing the audited 2006 accounts may resolve this issue.
NOTE: All information is taken from the public domain and draws no other conclusions than showing¬†why filing audited accounts are important.