So no still revenue from building walls yet, despite the Class B shares being awarded.
Page 2, says $492k revenue from ordinary activities. That looks good.
Page 9 that $492 is broken down to
Interest Income $115k
Other Income $377k
Page 14 that $377k becomes
Government Grants $366k
Other $11k
Not sure what other is, but given that category was also in the June 2019 figure, it isn't revenue from building walls.
The other interesting thing I found is that a Director has been loaned $190,000
See bottom of page 15.
Why is FBR not generating any revenue from building walls, diluting share holder value via never ending capital raisings and at the same time loaning of money to directors?
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