This is a business that has cash inflows and outflows..$11.7Million for the quarter inflows.
Cash on hand is $30Million as these are checked by Australian accounting services.
You cant just place a pie in the sky figure.
If you look at the receipts and a close look at the quarterlies, its easy to see they have that cash.
As for small loans between company and CEO, is quite normal in everyday business and is a common occurance in China..Not an issue at all.
SBB Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held