trying to make sense of this company ..., page-6

  1. 182 Posts.
    Just have to find an email address for the company!

    Considering this is supposed to be a technology company;
    why the hell haven't they got a website anymore?
    can't afford the $50 in hosting charges each year?

    looking at the last financial update(May '09):
    they burnt through 1.4 million;
    and have only 570k of cash left for that quarter.

    The only cash that would be coming in is from the Nansha JV($2.2m) and the dribble that was once was the great India operation.
    As the company is in default to the tune of AUD $20m to three different debt holders, I think its time to pull up stumps.




 
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