Whats going on with their interest expense?
$2.8 million interest expense on borrowings of around $7mil average over the period. They don't really have an interest rate of 40% do they?
If they do, at least it explains why their facility providers dont mind that the auditors opinion that the company probably now has negative equity. Who's providing that faciltiy? Bozo's cousin?
There's no notes on interest expenses either
Ann: Annual Report, page-30
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