SRF, look at thatEDM27 Jan 2010 18:37 Quarterly Cashflow...

SRF, look at that

EDM
27 Jan 2010 18:37 Quarterly Cashflow Report
Cash at end of quarter - 74,000
Ordinary securities - 253,682,568
Loan facilities - Nil

30 Apr 2010 13:56 Quarterly Cashflow Report
Cash at end of quarter - 2,588,000
Proceeds from issues of shares, options, etc - 4,930,000
Ordinary securities - 761,682,570

30 Jul 2010 17:24 Quarterly Cashflow Report
Cash at end of quarter: 404,000
Ordinary securities - 811,682,570
Loans to other entities - (1,750,000)

29 Oct 2010 19:25 Quarterly Cashflow Report
Cash at end of quarter: 24,000
Ordinary securities - 811,682,570
Loans to other entities (215,000)
Loans repaid by other entities 175,000


16 Mar 2011 18:14 Half Year Report 31 December 2010
TRADE AND OTHER RECEIVABLES
Loans to other entities (i) 1,760,753 ; 1,735,000
GST recoverable 29,324 33,014
Other receivables 16,542 16,542
Capital raising costs 61,500 -
Total: 1,868,119

29 Apr 2011 17:30Quarterly Cashflow Report
Cash at end of quarter: 395,000
Loans to other entities - (1,436,000)
Ordinary securities - 1,233,182,570

29 Jul 2011 19:17 Quarterly Cashflow Report
Cash at end of quarter: 347,000
Loans to other entities - (186,000)
Loans repaid by other entities - 15,000
Ordinary securities - 1,417,006,099

From 30 Jul 2010 till 29 Jul 2011:
Loans to other entities: 1,822,000
Loans repaid by other entities: 204,000

From 27 Jan 2010 till 29 Jul 2011 the Ordinary securities increased from 253,682,568 to 1,417,006,099. It's 1.2 billions more

The period between 30 Apr 2010 and 30 Jul 2010 should be investigated - it's time where the lending of $1,750,000 occurred: to whom?

MDA did not borrow any money from EDM but generated from: Proceeds from issues of shares, options, etc. $13,050,000
Look at that
30 Jul 2010 14:23 Quarterly Activities Report
Proceeds from borrowings - -0
Repayment of borrowings - 0
Loans to other entities - 0
Loans repaid by other entities - 0
Loan facilities - 0
Actually MDA

Mr Hamilton is still accountable for EDM mismanagement - it does not end with his resignation