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InTrade’s financials: Where is the note #12?

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Our commenter:

We would need to see note 12 to understand what happened to the Share Premium account. It appears that the December 31, 2007 balance of the P & L Account was applied against the Share Premium account. However, at September 30, 2008, the Share Premium is 1,063,614 higher than it should be (6,651,502 – 5,715,540 = 935,962 vs. 1,999,576). Note 12 might explain why.

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2007

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te1

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te2

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2008

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There might be a slight discrepancy between the accounts and the balance sheet.

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intradeaccounts

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intrade2

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I have obscured the personal addresses of these 2 persons:

intrade3-without-addresses

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