The repayment of the hardware debacle is included in their accounts at least. Just a minor issue of actually being able to find the cash to pay it back.
NOTE 9: Payables As outlined in Note 8 the Group received prepayments from customers for IT hardware to the value of $1,321,607. As at the time of this report the Group had not received this inventory ordered from a supplier to fill these customers' orders. The significant increase in other creditors is predominantly due to prepayments made to the Group's supplier of the IT hardware.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held