ESE 0.00% 1.8¢ esense-lab ltd

Ann: Quarterly Activities Report and Appendix 4C, page-4

  1. 40 Posts.
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    There is no change in the position, after several complaints. ASX kicked and asked a lot of queries. They have to genuinely answer to that. They have net cash of $370,000. And they keep issuing CDI and option to debtors. Everything is lofty anticipation. There is no revenue generation. Simple they are creating false hopes by keep announcing something, one day they want to manufacture gloves another day COVID vaccine. You can appoint the N number of marketing agencies in lieu of options and CDIs. Currently, this company is living by selling shares, nothing else. With$370,000 what will they manufacture? how will they run the company? Where is the money for R&D? The money they have is not even enough for a couple of months of operating expenses. Have anyone noticed they have used net cash of poultry $2000 in investing activities? Their announcements are so funny and laughable. Wow! this type of company does exist in ASX. Even more amusing many people still believe in this company dealings.
 
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Currently unlisted public company.

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