Most likely, it's not the last audit. It's the last audit he makes readily available to anyone visiting the site. Tell him you have $2M to invest and he'll give you the last one and a copy of Ayn Rand (I'm not kidding he gives one to all new investors)
He's in violation of SEC regs by not publishing the latest (available) audit. Guy lost $5MM on $19MM in 2012. I wouldn't give the guy lunch money. I am so tired of this Ayn Rand BS. Herpetic skank that took SS bennies.
He has to make it publicly available? Are you sure? In that case I'd like to see Reconnaissance's audit and a couple of others
He has to provide the latest audit to clients... if he's offering anything. He cannot cherry-pick shit. No, he doesn't need to make it public on the site.
OK. How do you know he's not? That's my point. He's probably providing it to clients, just not to everyone on his website.