BIT 5.00% 1.9¢ biotron limited

Ann: Full Year Statutory Accounts and Appendix 4E, page-35

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  1. 3,590 Posts.
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    Talking about “this announcement”, how do you feel about this ominous statement?

    ”In the event that the Company does not obtain additional funding and reduce expenditure in line with available funding, achievement of which is significantly uncertain until secured or realised, it may not be able to continue its operations as a going concern and therefore may not be able to realise its assets and extinguish its liabilities in the ordinary course of operations and at the amounts stated in the financial statements”.
 
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