Just to put it in perspective the loss for June 2017 was $4,357,282, so it's anyone's guess what it will be this year now they've got some new chair fillers on the scene.
http://www.ectltd.com.au/wp-content/uploads/170831-annual-financial-report-2017-web.pdf
They only had $588,682 in cash as of December, they really incinerate anything they touch, this early interest payment scheme looks a lot clearer to me.
http://www.ectltd.com.au/half-year-report-to-31-december-2017/
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