Well I think everyone knew but it’s finally on paper that they...

Well I think everyone knew but it’s finally on paper that they recorded the fc capital advance to revenue (sales) on P&L (and not just deferred income on balance sheet). They’re blaming accountants (big surprise) and won’t be restating financial stats (as it will just highlight there was no revenue and will help prosecutors. It is stated that if found to be unlawful then there can be a claim against the professional indemnity insurance of auditors.

Annexure 7 is interesting as gives an idea of real sales was abou 7k in Australia for last month and $450 in US