So, LDA Grant finishes today, with no further drawdowns...

So, LDA Grant finishes today, with no further drawdowns ................................. and the 26 million options given to them they gave them expire in 2 weeks. Good luck there SKN, when the Options are 12 cents or more.

• They are now in a negative Net Asset position
• Accumulated losses in excess of $25 million.
• $229k in the bank
• Administrative, Corporate and Employee benefits are over $700k for the 6 months
• Sales to customers were $85k for the half year, down from $96k for the same period last year.
• Company owes $674k to those people named as Directors. No operational evidence to support that statement.

Can anyone tell me how this survives as a going concern.????????????

I feel sorry for any mum and dad shareholders in this "company".