Legit companies present audited financials to investors. Scam companies take pictures of gold bars and pass that off as proof of something. Sadly, that kind of stuff works on some people.
Looks like good old Clive is keeping up the pressure. It's weird that less than a million on toxic notes is deemed more important to the development of this company than the $34 million supposedly provided by the Asian financiers. With all that cash in the bank, why not just take this company private?
I can take a picture of anyone's gold and say its mine. I had friends take a picture with a hot girl and say she was his girlfriend. The picture was real but the story was not. For 500 bucks AABB could have a third part audit their gold inventory and the money trail to acquire the gold. Any credible accounting firm could do it.