koolkat, i may request from ASIC (for a small fee) the financial statements for FMR Investments.
The contract between FMR and BRW talk about a % of Net Profit. But there are so many ways to reduce net profit so no royalty is paid. These could be large director fees, management fees to related parties, etc.
The lack of transparency in the Eloise project stinks.
I really hope the AGM is in melbourne, ill be very vocal.
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