That's a great question Mike...
Something has to be going on behind the scenes - if this company is as broke as some people say, why the hell would they throw money away on a big salary and of course there's the cost of releasing the PR as well...
I would imagine any institutional investor would want to see an experienced CFO on board before they give IFCR a cent; there's also the benefit of the CFO liaising with auditors which allows DF and HH to get on with running the company.
So we have a new website, a successful CFO recently hired, AS raised to 5Bn (because they probably need more to issue as part of a litigation/debt settlement, the last debt) and a lack of financials because they don't want to tip off the other party on the financials of the company; that suggests the company is doing well in my head...
Too many things happening for a company with a seasoned management team (that is generating in excess of 25 million dollars of revenue and making profit) to be a coincidence...
My opinion only folks...
Per Ardua Ad Astra