They DID get a query from the ASX in August 2009, but they satisfied everyone with an asset sale.
Dunno why they need such high admin costs.....they are not doing anything, really.
"how they plan to survive to the end of the next quarter?"
Well, they'll probably have to sell the office furniture if they havent already, lol.Their announced expenditure for the current quarter is $25,000 , so they have enough for that.
Wonder if that is supposed to include the Chairman's trip?
After that, they will be running on empty. Waste of time turning to the market for funds until the President signs off on the deal over there, and they really should have told us a bit more about MAPP.
Our prospects are not looking too good.
GZ
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