CTO citigold corporation limited
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Yes I laughed when I read that "Principal Activities" The...

  1. gmt
    8,241 Posts.
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    06/10/16
    13:38
    Post #: 19669025
    Yes I laughed when I read that "Principal Activities" The $20mill debt would be bottom of the range IMHO. Auditors unfortunately can only work with the information provided, a forensic Audit may come up with a different result.
    There was a problem for the financial year ending 30June 2009 which was addressed,

    http://www.findlaw.com.au/news/6293/asic-accepts-enforceable-undertaking-from-north-pa.aspx

    I wonder if the matters with Department of Environment have been settled yet, would have been a substantial legal cost IMHO.

    http://archive.sclqld.org.au/qjudgment/2016/QLC16-021.pdf

    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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