Seriously guys ok there are some differences in reportings and in what column under what rule etc. we did have a change of cfo after mid-year 2014.
The other problem is reportings between China and Australia and Grant Thorton would be making sub notes when obviously something is not right so the small beer being blown up could mean a host of different things it doesn't automatically mean the main man is getting ready to run with the cash..
You could go through just about any companies 4c's and financials and find amounts that could mean anything and that are not clear.
Why is it assumed the main man is out to defraud and withdraw the cash and run its just nuts! I'm sure it does happen every now and again and would more often with the volume of companies in China and that's some are missing the point. In Australia we have say 2 million businesses (just a number) and you have a proportion that go bad or someone does something dodgy. China I have seen reported is the biggest economy in the world with I can't guess how many businesses may 50 million? So based on averages alone you will here more often things dodgy events but as a ratio to the number of businesses are probably not that much worse than here in Australia.
To much fear and doom and gloom and playing with stories and maybe's and might be's and could be's maybe there is nothing going on and the small things that get focused on here are simple communication problems between China and Aus and nothing more.
Gordon I am waiting on more info in regards the meeting in China last week and will post once I know but I have not been given a negative impression of the trip Given how close we are to the 4c maybe they will hit the market full on next week.