Ann: Full Year Statutory Accounts , page-2

another bonus paid to the boss

3 director dont hold any shares in qmn

'corporate development expense' whatever they are, now $306K against 2011 of only $75k. No explanation.

Employee expenses up $300k

management fee's up almost $300k

just to dilute shareholders the share issue costs were $336k. WTF?????

wages and salaries up over $250k

Travel expense up almost $100K. first class now days??

Rent of offices up approx $50k. Butmall??

approx $200k paid to Butmall

No top 20 either!!!

Been a good year for these guys.