"Administration and corporate costs were higher than the prior...

"Administration and corporate costs were higher than the prior quarter ($3.2m vs. $1.5m in Q1 FY21) as a result of
consulting fees, corporate advisory and legal fees relating to the recent corporate actions undertaken by the
Company, including payments to catch up on deferred fees incurred in prior periods, costs associated with the
increase in headcount iLinkAll headcount and a general reduction in the trade creditors balance at 31 December
2020.
The quarter-on-quarter increase in interest and other costs of finance paid of $0.3m ($0.7m vs. $0.4m in Q1
FY21) primarily reflects GST on September and December 2020 lead manager fees and interest payments."

I am an accountant please explain...

This is the reason and will be the main reason this Company cannot be cash flows positive in the near future... bad financing costs as we already know with Everblu and approval for increase in Executives and Directors fees.

Including the unsecured loans already drawdown by the Company @ 15% and 20% interest rates which are short term loans therefore repayable within 12 months and the available other unsecured revolving loans of $5 millions @ 15% interest rate and the current Bank Balance is sufficient for the Company to operates for another 2.4 quarters...

Unless Administration and Corporate Costs are reduced substantially and Sales increasing from previous CY Sales figures they might be a possibility of no further dilution for the shareholders through additional capital raisings in the near future...

I would expect a Business update by the Company on Monday which could explain maybe more in details the upcoming quarter...

I would love to hear from @Martin288 and @knwee2 and @WestTrader057 of your thoughts on this Quarterly if of course you are still around!