Did anyone pick up on the following note in the auditor's report in MUL's Annual Report... look's very worrying...
Inherent Uncertainty Regarding Continuation as a Going Concern
Without qualification to the opinion expressed above, attention is drawn to the following matter. As a
result of the matters described in Note 1(b) to the financial statements, there is significant uncertainty
whether the company and the consolidated entity will be able to continue as going concerns and therefore
whether they will be able to pay their debts as and when they fall due and realise their assets and extinguish
their liabilities in the normal course of business and at the amounts stated in the financial report. The
financial report does not include any adjustments relating to the recoverability and classification of
recorded asset amounts or to the amounts and classification of liabilities that might be necessary should the
company and the consolidated entity not continue as going concerns.
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- a going concern????
MUL
multiemedia limited
a going concern????
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