Ann: ASX Waiver To Grant Secured Convertible Notes, page-9

PERTH, AUSTRALIA – 16 JULY 2018: The Company refers to the commitments for up to $200,000 interim funding through the issue of up to 200,000 Convertible Notes to directors Stephen Carter and Joseph Ohayon, and former director Michael Stewart and his two sons, as announced to ASX on 2 July 2018.

So announced to ASX but not to shareholders re $200,000 - this means not only have they taken out the short term $40,000 which needs to be repaid but now an additional $200,000
The table below shows they had $978,000 in the bank on as of 31 March 2018 and the expect cash outflows for the current quarter of $745,000, so it looks like they have needed another $240,000 so as not go into insolvency

	Column 1	Column 2
0	5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above)	978,000
1
2	9.8 Total estimated cash outflows	745,000