SAS 0.00% 1.6¢ sky and space company ltd

AGM - Jan 2020, page-28

  1. 2,023 Posts.
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    What debt financing have they got? I must of missed that announcement?

    Are you referring to telefox?

    Is this telefox loan meant to be funding the launch costs?

    YOU'RE DREAMING.

    I never said they wouldn't satisfy ASIC requirements. ASIC requirements were for them to disclose how TERRIBLE their annual report is and disclaim how BAD of a position the company is in because the Company issued a prospectus with unaudited numbers without any reference to how BAD the results actually are. THAT TELLS YOU A LOT ABOUT MANAGEMENT.

    ASX requirements - you can be almost sure that they aren't happy with KPMG (no surprises there). From the ASX queries theres no doubt that they are after a clean financial audit from SAS. For that to happen they need to raise FULL capital + more, and disclose their 100m+ liability to Gomspace (but dont ask Meir about it, he will tell you to go speak to Gomspace - HAHAHAHA)

    Lebba, why are you posting here still - you agreed that you will stop posting if they fail to raise the money in December. You're like Meir - not true to your word.

    SAS is ticking.. for now.. on life support.
 
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Currently unlisted public company.

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