I'm not comfortable with that part of statement in the announcement. What type of european adviser are they working with and what impact may that have on our issued shares?
We need to know more.
“The Company has been working co-operatively with the DIAsource vendors, and the extension of the payment date with the vendors allows all current financing options to be pursued to ensure that Anteo meets its commitments to the vendors and has adequate working capital for the future” said Dr John Hurrell, Chairman. He added “The Board is working closely with a European based adviser to deliver the best result for these activities. On the basis of a successful outcome of the financing options, the Board has commenced a review the Anteo technology and is exploring alternatives around structuring the business to best deliver on that technology.”
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- Ann: Revised Payment Arrangements with DIAsource Vendors
Ann: Revised Payment Arrangements with DIAsource Vendors, page-3
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