Ann: Shareholder Update , page-7

The 'need cash to conform with accounting standards' thing can just be so the auditor doesn't need to make 'going concern' notes and adjustments. The auditor may be worried about not writing down plant & equipment, etc to fire sale prices unless there's enough cash to keep going for 6 months.

So the needing cash to get the accounts into shape is proably just a technical thing rather than a dire concern.