[Osmf-talk] false Microsoft "big dollars" rumour

[Paul Norman]

> From: Andy Allan [mailto:gravitystorm at gmail.com]
> Sent: Friday, April 20, 2012 6:10 AM
> To: Simon Poole
> Cc: osmf-talk at openstreetmap.org
> Subject: Re: [Osmf-talk] false Microsoft "big dollars" rumour
> 
> On 20 April 2012 11:22, Simon Poole <simon at poole.ch> wrote:
> 
> > Again: the appropriate way to defuse idle speculation is to simply
> > provide timely and correct financials.
> 
> Indeed. Unfortunately the OSMF hasn't published financial statements
> since August 2010, going by http://www.osmfoundation.org/wiki/Finances
> . There's no published minutes of the 2011 AGM, the 2010 minutes are in
> draft*, so clues can't be figured out from there either.

Is the OSMF not required by the AOA and the Companies act to publish
financials before the AGM which would cover 2011? 

> I've checked through the board minutes since August 2011, but there's no
> mention of the missing financial statements, or when (if?) they are due
> to be published. In June 2011 there's the statement "Treasurer to
> provide financial updates approximately every two months in future."
> but it's not clear whether those updates would be public, or just for
> the Board, and if the latter whether they've actually happened.

I know that the board members can examine the financial books at any time so
my guess it would be an update for notification only or an update for the
public.