Company is in the best shape it has been since KBC reneged on...

  1. 1,011 Posts.
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    Company is in the best shape it has been since KBC reneged on their loan agreement last year.

    Board is gone and Glennon is funding us until cashflows. He just lent MEL another $2m. Sure when Glennon sees revenue most will flow back to Glennon but no-one else is putting their hand up to fund MEL. If Glennon hadn't stood up then you would be correct, we would be in administration.
    Last edited by Mitchdon: 30/09/24
 
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