Did anybody else notice (or seemingly not notice) that within...

Did anybody else notice (or seemingly not notice) that within this update, EOS failed to address what was contained within their last financial statement;

• This is as a result of a matter that has recently been raised by a Middle East customer concerning EOS’s compliance with offset credit

obligations on a timely basis. The company and the customer are working in good faith to resolve the matter.
• As part of the offset credit obligations, EOS has previously disclosed that it has issued an offset bond, guaranteed by Export Finance
Australia under a bond facility agreement. The offset bond has been issued for an amount of US$16,957,000 (A$25,576,000). The offset
bond is secured by a cash security deposit of US$10,504,000 (A$15,842,000) and a fixed and floating charge over the assets of the Group.

What about the outlook? Not even a single mention of the land 400 IFV program.

And now a dispute with their major lender in WHSP. Is it any wonder that Hanwha ditched EOS in favour of Elbit systems?

Zero Cred.