So they've burnt through another $8m, they are about to dip into their "call deposit" to pay their bills, and they're trying to sell $10m of shares at junk prices to keep the lights on.
Their annual report smacks of "look over there" -- dozens of meaningless graphs and talk about future alleged recurring revenue, while conspicuously ignoring the current elephant sized losses in the room.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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