Not sure what you mean about that (re- implications for the sophs issues).
To answer your earlier questions, Petra was a broker that POS actively used prior to the Pershing facility.
The medium-to-longer term can vary, depending on who you ask, but in this context I would say they are talking about time frames beyond the next 12 months. Short-term comments often only refer to the next 12 months, but it could mean even shorter still, like (say) the next six months. I don't believe the company is sufficiently funded right now to meet it's working capital requirements for the next 12 months, without further CRs. But if they're talking about the next six months, then I'd be comfortable with that (assuming, of course, they tighten the cash burn belt).
Just an educated guess, but it looks like someone rummaged through the closet to disclose anything that might be iffy - past and present. Probably borne of a strong desire not to be pinged by ASIC or the Federal Court for any further material oversights while management is under the microscope.
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