Your not kidding! Actually another real issue for NML is the Review of Research & Development Tax Incentive Registration (see pp8 of their June 2015 Quarterly Report).It looks as though $1.2m that they received in 2013/14 is "considered to have a high risk of non-compliance with the eligibility requirements of the R&D Tax Incentive program"! This looks to be becoming a REAL RISK! How do they pay this back with only $498,000 in the bank currently?!?
Ann: Quarterly Activities Report, page-15
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