Ann: Pearl Global P/L (Audited) Financial Report FY 2017, page-2

This from the auditor's report:

"Material Uncertainty Related to Going Concern

We draw attention to Note 1 to the financial report, which indicates the Group incurred a net loss of $6,534,478 during the year ended 30 June 2017, and as of that date, the Group recorded a net asset deficiency of $931,903. As stated in Note 1, these events or conditions, along with other matters as set forth in Note 1, indicate that a material uncertainty exists that may cast doubt on the Group’s ability to continue as a going concern. Our opinion has not been modified in respect of this matter."

If that doesn't get people scrambling to get their money back from the recapitalisation which closes on December 23, nothing will!