Yes I'm not too sure. I mean a year or two ago we were talking about deals with content producers so perhaps they've run up big bills and due to the change in organisational strategy they've basically been written off by management.
regarding the AGM tomorrow, it's to be held at 4 p.m. Sydney time so I don't see the suspension being lifted before trade opens. ID say another week or two to finalise capital raising arrangements and that may well be dependent on the way the votes go.
although a lot of people have stated they will vote no to the resolutions, if they don't get up the company is basically in voluntary administration
SYT Price at posting:
0.2¢ Sentiment: Sell Disclosure: Held