Ann: CI1 First Half 2022 Interim Results Announcement, page-29

Cheers ZIFTER ….Came to same conclusion needed second opinion to be sure to be sure . Seem to me is that Jimmie is compensating Jimmie into a trustee account of est $1.5 million annually, OH SH#T safety net.
WTF…. how’s that going to reflect in the next annual financial report of profits falling short again?

PAGE 5 of the report….
Events subsequent to reporting dateOn 1 February 2022, Hong Kong Debt Management Services Limited (HKDMS) (major operating subsidiary) entered into a trustee service agreement with Jimmie Wong to compensate his services as bankruptcy trustee. The fee consists of i) HK$450,000 monthly service fee circa A$81,000 and ii) 10% earnout which is calculated based on HKDMS’s monthly revenue roughly around HK$300,000 circa A$54,000.Other than as outlined above there have been no events subsequent to the end of the period which would have a material effect on the Group’s financial statements for the half-year ended 31 December 2021.

Facts