No one is accusing anyone of anything
What shareholders want is an update on the cash position and how this company is going to move forward when they had only $63k in the bank at the end of March and are spending based on the last quarterly $88,000 per week.
It is basic mathematics
Shareholders have a right to be informed especially when the company is in a very precarious position cash wise.
It has been five weeks since the end of the last quarter and if they have had cash come in or have organised some temporary loan funds the market would have or should have been updated by now.
Shareholders need to be kept informed
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-189
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