For a company that is not producing anything, or generating any positive results from its research, I find amazing that it is costing 335,000.00 per quarter or ~111,500.00 per month!
Staff costs are concealed under "research and development 86,000" and "general and administrative 250,000", so we are not clearly told how much money is staff costing us and what type of staff we are paying for.
It appears incredible, for a research company, that research staff is costing about 1/3 of administrative staff. How many Scientists? Why do we need more Receptionists, Secretaries, Board members, CEO, CFO, COO? in a company that is not producing anything?
Ann: Appendix 4C - Quarterly - 31 March 2016-PAB.AX, page-3
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