I thought I was being clever buying the options at 3.4c. I have...

I thought I was being clever buying the options at 3.4c. I have now lost about 80% of my investment and getting closer to 100% day by day. What a disappointment this company has been since the delayed and ill timed float. As it turns out they didn’t raise enough when they had the chance. Now they are staring down the barrel. That balance sheet at 30 June looked awful. Trade creditors and accruals of $10m and cash in bank of $1.7M. Even the related party loans can’t be repaid until the escrow period ends. Is there any glimmer of hope?