Has MLA been sucked into the black hole that hardly any ever...

Has MLA been sucked into the black hole that hardly any ever come out of

"Without modifying our conclusion
expressed above, we draw attention to
Note 1 ‘Going Concern’
to the financial statements, which identifies t
hat the consolidated entity incurred a loss of
$296,453, with negative cash fl
ows from operations of $542,45
0 for the half-year ended 31
December 2012 and had accumulated losses of $13,950,
574 as at that date.

These conditions,
together with other matters set forth in Note
1 ‘Going Concern’, indicates the existence of a
material uncertainty that casts doubt about the
consolidated entity’s ability to continue as a going
concern.

GOULD RALPH ASSURANCE
Chartered Accountants
GREGORY C RALPH
M.Com., F.C.A.
Partner
Sydney
Dated this 27th day of February 2013