Ann: Alexium Commercial Update, page-73

that was a bit late if you sold 10 months ago. Too busy making up excuses for the company it seems.

So the facts and figures you seem to have missed from the annual report financial statements :

Losses $6.9 million
Equity remaining $0.3 million (!!!)
Net Cash outflow: $6.7 million (!!!)
($5.5 if don’t include debt repayments)
Cash remains $3.8 million (!!! low compared to current expenditure requirements)

Debt still to pay $9 million
Date debt due: Sept 30 2019 (!!!)

Amount of capitalised assets auditors unable to obtain sufficient evidence of carrying value on balance sheet: $1.6 million
-ie are they already in negative equity territory?

Auditors opinion on going concern: in doubt