"Material Uncertainty Related to Going Concernconclusion is not modified in respect of this matter."
We draw attention to Note 1 in the financial report which indicates that the group incurred
a loss of $792,695 and has net cash outflows from operating activities of $394,899 for
the half year ended 31 December 2016. As stated in Note 1 these conditions, along with
other matters as set forth in Note 1 indicate that a material uncertainty exists that may
cast significant doubt about the group’s ability to continue as a going concern and
therefore, the group may be unable to realise its assets and discharge its liabilities in the
normal course of business and at the amounts stated in the financial report. Our
This is the final impartial auditor's last point. I find it disconcerting as it cuts through all the bluster and provides me, as an investor, with a stark reality check. I don't like it but there it is.
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