I believe they are getting enough money thru via the factoring agreement to keep BRT afloat and pay the wages ATM. As for the finance, I think we are well overdue for an update. The way they are keeping the shareholders informed is DISGRACEFUL. It would not suprise if the recent finance fell through when BRT could not get confirmation that they were going to get MFC back. Also, my understanding is that BRT had forfeited all the MFC revenue from July onwards when they handed the licence back to Jean. These, in my opinion, are the reasons the finance hasn't gone thru.
BRT Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held