Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32

May need a lot of money in August & Sept 2023 to pay out debt that is maturing, probably effectively 50 percent per annum ie 3 percent per month cumulative. This long-term debt needs to be rolled forward. This outrageous interest rate, should really only be used for short-term borrowing. So they are carrying significant debt on ridiculously high interest rates and they only have $17,000 in liquid assets. Aren't they trading insolvent? So in the quarter, they paid out $93,000 in interest on the debt. So they paid in interest 5 times what they have in liquidity. So aren't they paying out $400,000 equivalent in interest per annum? Please someone else analyze the financial position.