Ann: Quarterly Activity Report - revision, page-2

If you look at the Release you will note that HIL reported that they have sufficient cash to last .7 of a quarter. They also said that they will have sufficient cash to keep trading beyond that on the basis of new finance. Talk about Management by hope, like man this is serious sh*t. Well I hope they find that brainless idiot and quick. My grade 2 maths tells me that:

.7 of a 90 day quarter is 63 days. (Days cash remaining)

Looking at my calendar we have used up 31+2 = 33

My grade 1 maths tells they have sufficient cash to last 63-33=30 days.

I guess March 2 is going to be a big day if not sooner because the calculation on which days remaining in the return are calculated excludes some cash items.

Its like waiting for Santa all those sleepless nights waiting for the "White Knight".