I have stated before that become fully reporting would be important for David due to his connections with ALIC and their business of helping companies go public and raising capital.
He would be keenly aware of the important of verifiable financial info when it comes to raising traditional capital and not convertible debt. He is not someone who would be naive in this realm being a partner with ALIC
This is directly from the Ample Luck Website
Est. 2003, Ample Luck International Group (ALIC) is a boutique investment bank covering 28 countries around the world. Our vision is to blend Chinese and Western culture for greater prosperity. ALIC’s activities include investment banking, fund management, direct investment and industrial investment.
I think being a partner with a company such as that would make him more than most understand the importance of audited financials and transparent financial information
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