Treed - suggest you consider Australian accounting standards wrt deposits. Deposits are a liability to perform a service or product sale - they’re not cash to be spent in any way a CEO pleases. Nor are they treated as revenue before the actual product is deldo you ivered.
Why would you think Redflow would deviate from accounting standards and moral standards?
Perhaps you think Faraday should have added a “not to be stolen by the CEO” in the contract? Do you really think without such a clause the funds can be???
Treed - suggest you consider Australian accounting standards wrt...
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