Ann: Response to ASX Aware Letter , page-2

Once again this Co is faced with disclosure problems...
where many investors would have been completely burnt due to anticipation of guidance being met as no further warnings were issued leading up the release of the financials

and this is their response

"The Increased Loss,which formed part of the actual reported net loss after tax of the Company for its financial year ended 30 June 2013("FY 2013"),was determined by the Board
at a scheduled meeting to finalise the FY 2013 results
after the close of market on Monday 19 August 2013("Approval Board Meeting"). " ....LOL.

don't tell me that they had no provisions for the realization of those losses in their accounts before hand...
and of course ASIC would just accept it and file it away as if for a job well done..LOL