Not sure how they can raise funds unless it is coming from within the organization eg Walker.
The board and CEO have not got the auditors and the ASX basically questioning their management skills to run this company as a viable operation.
They have given an answer to the ASX but the explanation revolves around the future. In the past explanations about the future have led the company to its knees.
Seems like a group of mates lacking hard edge business/marketing skills running the company.
They have ripped the guts out of any shareholder value and maybe setting it up for the next group of investors.
From my observation, none of them have the marketing skills to get a product into the real world.
FAM Price at posting:
7.2¢ Sentiment: None Disclosure: Held
