Richards is trying desperately to show ARR up as a dodgy company but almost too hard.
Here is good example "On the question of financial viability the directors of Arasor claim in their prospectus that that all projections are based on assumptions and that these assumptions may, or may not take place."
This is supposed to imply that something dodgy is going on.
But it sort of shows his lack of intellect also.
ARR was a new company ok. It is just over a year old I think. All companies that are starting up have not made any money. However they have to say they will make money in future in their prospectuses in order to raise capital. The future hasn't happened yet, that is the nature of the future. You can only make assumptions about it. An assumption is assumption it is not a fact. It is the nature of an assumption that they "may or may not take place" that is a fact. To imply that earnings may or may not happen is stating the obvious but it is also the truth. How can a company stating the truth be dodgy.
