Love the bit 'continue to raise equity and pay down capital, to improve the financial position of the company? So they got $155K and they spent 2.5 million in the last quarter. They claim they have 5 million in finance. Seriously who is going to lend that kind of money, when they are paying interest at over 40 percent annualized on borrowed short-term loans that are continually rolled over each month.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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