Im just baffled by how easy it would be to prove they dont have the cash, whos auditing this company? If they have $10 million in cash where is it and how come its not been utilised, why did they do cash raises for minimal amounts of funds compared to cash at hand, at the worst prices and diluting holders. Surely the auditors have some questions to answer too.
Ann: AGM Chair's Address to Shareholders, page-27
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