Ann: Suspension from Official Quotation, page-83

So there is obviously an issue with something accounting related. Given the business is relatively vanilla with minimal revenue and basic expenses. So no issues with asset values, goodwill, write downs, impairments etc.

I guess it's something to do with the loan agreement. It was only formalised in January and made public in an announcement which was the only new piece of information, the rest of the announcement was old news. So maybe something to do with commercial rate of interest or being at arms lengths. More likely though is the maturity date of 30 April and the 31 Dec, which at this point in time looks unlikely to be met. Even though I am anticipating a huge uplift in revenue over the next 12mth, will there be enough free cash flow to pay it off? Or refinance?

So that brings about going concern issues and funding questions from the auditors. Which then creates issues when trying to list on any exchange as they and investors want to see how the business will
be funded for the next 12 to 24 months.

Anyway, yacov has the most to loose out of everyone. Not only has he been chipping away for over 5 years and spent millions getting here. It's his reputation on the line. I'm sure being so close to pulling it all together he's not going to let it all fall apart now.

Company is saying it will be sorted next week. So it can't be that big of an issue that needs a few extra business days.

Yacov knows that this is an issue for investor sentiment and I expect him to announce something positive at the same time to focus investors attention on.

The reasons why I am invested haven't changed. The company has real products that shareholders and hot copper members have purchased and are using. Medtell is up and running taking orders. Purchase orders are being executed. IDTF and MCT are making money. This is not a made up company with made up assets in some made up far away land managed by a team of made up over qualified people we have never heard of.

Blind Freddie the investor knows this company is cash flow negative atm. Anyone holding the stock knows it and anyone looking to buy knows it. Point is we are taking a punt on what this business will be in 2 years+ time. It won't get there in a smooth straight line. But it will get there eventually. If something major has changed with purchase orders, the product, management, regulatory requirements etc then I will reassess.