Ann: Appointment of Voluntary Administrators - McGrathNicol, page-7

If you read past announcements closely you will notice that the company has been reporting solid improvements in cashflows while directors continue to personally contribute to capital raising. My hope is this is a short term cashflow glitch that can be traded out of given the overall improving strength of the company. A well funded white knight or experienced financier could potentially step in and benefit from all the progress made to date.