Yes,this has been a concern of mine...if they have the money.I remember looking at the March 4C some time ago and they only had about $230,000....thought they would have to do a Cap Raise,but they haven't.They do have a Million coming in from esports.com,but that will be in 5 equal tranches of $200,000.The first payment is to be made on or around June 27th,with the other 4 payments to be made in a 4 month period from August 1st.This of course is much later than the due clause of 30 days past their AGM which was May 22nd.The money is due NOW.They have deferred payment once,so they might do it again.The one caveat i will put on this though is,they were rumoured to have one game performing very well....like $10,000-$13,000 a day so maybe they have it covered by revenue????
Seeming AB1 and ICI are doing masterchef together,i'm sure they'll want to keep the relationship amicable.I'm Sure AB1 WILL get the Cash....Not sure when....Hope it's today,but that looks unlikely..
