Current liabilities are double current assets without the difference in cash or equivalents, at the rate these guys torch money and a lower earning quarter coupled with coronavirus they will be down to next to nothing now, I fail to see how this company can be a going concern or this statement can be true;
c.there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.
The above grounds are about as reasonable as whales flying.
Expect a trading halt and the most poorly subscribed CR in history, for this unanimously unprofitable business, I feel duped.
BUD Price at posting:
2.0¢ Sentiment: None Disclosure: Held
