do we want this now? in light of the info from another article: "GFH's auditors, KPMG Fakhro in Bahrain, warn that the GFH group's ability to meet its financial obligations depends on selling assets in time."These factors indicate the existence of material uncertainties which may cast significant doubt about the group's ability to continue as a going concern," the accounts state.
The GFH accounts, which include the finances of GFHC and all the firm's subsidiaries for the nine months to 30 September, do show the group making a profit of $7.5m (£4.7m), achieved principally by settling some financial liabilities. However, KPMG Fakhro stated in its extended warning that: "The [GFH] group had accumulated losses of $293.76m and … its current contractual obligations exceeded its liquid assets." So even if its ON I dont think I want it. what I want is someone stinking rich wiht no dets to come in. i dont want someone with 30m in the bank due to some accounting practice when in reality they are in RED. Eric On Fri, Nov 16, 2012 at 6:03 AM, Jeremy Adams <[email protected]>wrote: > > http://www.teamtalk.com/news/2483/8250353/GFH-Capital-close-to-Leeds-deal > Is this actually f*cking finally happening? > Jeremy > _______________________________________________ > Leedslist mailing list > Info and options: > http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > PETE CASS (1962 - 2011) Rest In Peace Mate > _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] PETE CASS (1962 - 2011) Rest In Peace Mate
